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299 - Number of Self-Dealing Acts

Overview of transactions that constitute self-dealing under Code section 4941.

257 - Participation in acts of self-dealing

October 28, 2022 ¡ª As the end of my term approaches, I want to share with you that Doug O'Donnell, the IRS Deputy Commissioner for Services and Enforcement, has been selected to serve as acting IRS Commissioner. His selection, announced today by Treasury Secretary Yellen, will keep our important work for our nation moving forward until a new IRS commissioner is nominated by the Administration and confirmed by the Senate.

Law enacted numerous changes to the tax law provisions affecting tax-exempt organizations.

Tax Tip 2023-94, July 25, 2023 ¡ª Elective pay allows applicable entities, including tax-exempt and governmental entities that would otherwise be unable to claim certain credits because they do not owe federal income tax, to benefit from some clean energy tax credits. By choosing this election, the amount of the credit is treated as a payment of tax and any overpayment will result in a refund.

obÌåÓý do IRS criteria for recognizing credit counseling organizations as exempt differ from the certification requirements under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005?

Affordable Care Act (ACA), added new requirements that 501(c)(3) hospital organizations must satisfy to maintain tax-exempt status .The 2010 Form 990, Schedule H allows hospitals to explain how they are complying with the new requirements.

IR-2023-116, June 14, 2023 ¡ª The Internal Revenue Service issued proposed regulations and frequently asked questions today describing rules for applicable entities that earn certain clean energy credits and choose to make an elective payment election and rules for eligible taxpayers that elect to transfer certain credits to unrelated parties.

Leases as acts of self-dealing under Code section 4941.