Seller-funded down payment assistance programs are not tax-exempt

A recent IRS ruling concludes that seller-funded down-payment assistance to home buyers provides private benefit to the sellers and does not further exclusively charitable purposes.
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Charities and Nonprofits

Credit counseling legislation - Composition of governing board

Credit Counseling Legislation - Composition of Governing Board (FAQ # 6)
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Charities and Nonprofits

Annual exempt organization return: penalties for failure to file

Penalties for failure to file return required by IRC 6033.
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Charities and Nonprofits

Taxable period: Private foundation self-dealing

Taxable period for tax on self-dealing under Code section 4941.
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Charities and Nonprofits

Labor organizations: Exempt purposes

Labor Organizations - overview of requirements for exemption under Code section 501(c)(5)
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Charities and Nonprofits

Fraternal societies

A brief description of the requirements for exemption under Internal Revenue Code ("IRC") sections 501(c)(8) and 501(c)(10).
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Charities and Nonprofits

Income portion of a distribution to a private foundation from a split-interest trust

205 - income portion of a distribution from a split-interest trust
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Charities and Nonprofits

Termination of an exempt organization

Procedures for exempt organizations that terminate their existence.
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Charities and Nonprofits

Exempt organizations - Potential examination consequences

Potential consequences of an IRS audit of a tax-exempt organization (other than a section 501(c)(3) organization)
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Charities and Nonprofits

Disaster relief: ob体育 charities must document relief activities

What kind of records must a charity maintain to document its relief activities?
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Charities and Nonprofits