obÌåÓý

Retirement topics - Plan assets

Explanation of what are assets used for exempt purposes, in the context of the tax on private foundation failure to distribute income under Code section 4942.

Selected terms and concepts used in the Statistics of Income (SOI) study of exempt organizations' unrelated business income tax (Form 990-T).

March 29, 2023 ¡ª A Pittsburgh resident has been sentenced in federal court to 78 months in prison, to be followed by five years of supervised release, plus restitution of $3,885,082 on his conviction for bank fraud and money laundering, Acting United States Attorney Troy Rivetti announced today.

March 30, 2023 ¡ª A Pittsburgh resident has been sentenced in federal court to 78 months in prison, to be followed by five years of supervised release, plus restitution of $3,885,082 on his conviction for bank fraud and money laundering, Acting United States Attorney Troy Rivetti announced today.

The Statistics of Income (SOI) Bulletin is issued quarterly by the Statistics of Income Division of the Internal Revenue Service. The report provides the earliest published annual financial statistics obtained from the various types of tax and information returns filed, as well as information from periodic or special analytical studies of particular interest to students of the U.S. tax system, tax policymakers, and tax administrators. Selected historical and other data tables, previously published in the spring issue of the Bulletin are now only available on SOI¡¯s pages of the IRS Website.

Anti-Tax Law Evasion Schemes - Law and Arguments (Section II)

April 11, 2025 ¨D The United States Attorney¡¯s Office for the Middle District of Pennsylvania announced that Waylon Wilcox of Dillsburg, Pennsylvania, appeared in federal court April 9, 2025, before Senior United States District Judge Malachy E. Mannion, and pled guilty to a two-count criminal information charging him with filing false individual income tax returns.

Press releases published by Criminal Investigation in May 2023.

Assets test for classification of a private foundation as a private operating foundation.