March 1-15, 2006
Last Issue: February 16-28, 2006
IRS
Revokes 3 Exemptions for Electioneering;
Will Continue Monitoring During ’06 Elections
Nearly 3/4 of charities reviewed engaged in political
activity;
Service imposes tax on one, gives written warning to
others
Full Article (free)
Assets of Nonprofit Not Subject
To Forfeiture for Crimes of Board Chair
Government claimed Chair gained control over corporation
by false proxies to eliminate members’ rights
Home Schooled Student Lacks Standing
To Seek Scholarship for High School Grads
Court says Attorney General represents public interest,
potential beneficiary does not have special interest
Ready Reference Page No. 88
IRS Issues New Guidance on Electioneering
Service launches enhanced educational effort
to avoid uncertainty for 2006 election cycle
- Remember
our Search function
for back issues on our website - Thursday
with the Editor, March 23
IRS new guidance on electioneering
To the Point
Can the founder of a 501(c)(3) nonprofit, who does not hold a board position, be voted out of the organization by board members? And if so, what protection does that founder have to safeguard that which he or she has founded? AnswerLessons from Litigation
Full
Article
- 1885 deed restrictions do not prevent sale of church
- Charitable status does not preclude award of attorneys’ fees
Tax Matters Full Article
- IRS helps foundation terminated by state law
Employment Law Full Article
- Divided Court permits employee to sue for retaliation
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Report on 501(c)(3) electioneering
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