Tax Planning and Compliance for Tax-Exempt Organiz ations, 6th Edition, 2022 Cumulative Supplement

This book is a comprehensive guide to nonprofit tax rules and regulations, providing practical guidance on potential income tax on revenue-producing enterprises and explanations of many exceptions to taxability. It also includes sample documents for private foundations and helpful practice aids.

Format: Paperback / softback
Length: 208 pages
Publication date: 13 June 2022
Publisher: John Wiley & Sons Inc

This comprehensive guide is a must-have for accountants, lawyers, nonprofit executives, directors, consultants, and volunteers, especially in 2022. It provides a clear and fully cited description of the requirements for various tax-exempt entities, including public charities, private foundations, civic associations, business leagues, and social clubs. It also offers practical guidance on potential income tax on revenue-producing enterprises and explanations of many exceptions to taxability. Additionally, it addresses issues raised by Internet activity, advertising, publishing, providing services, and more.

The guide is updated annually to cover any changes and updates to the law within the previous 12-month period, ensuring that accountants, attorneys, and others stay up-to-date for the year ahead. It features a variety of sample documents for private foundations, such as penalty abatement requests and sharing space agreements, as well as helpful practice aids, such as a comparison of the differences between public and private charities, charts reflecting lobbying limits for different types of entities, and listings of rulings and cases that illustrate permissible activity for each type of organization compared to impermissible activity.

In conclusion, this essential guide is a valuable resource for anyone working in the nonprofit sector, providing clear and comprehensive information on tax rules and regulations. It is an indispensable tool for navigating the complex landscape of nonprofit tax compliance and will help professionals stay up-to-date and compliant with the latest legal developments.

Weight: 364g
Dimension: 267 x 178 x 11 (mm)
ISBN-13: 9781119873631