The Law of Tax-Exempt Organizations
2024 Cumulative Supplement
12. Edition November 2024
288 Pages, Softcover
Wiley & Sons Ltd
Understand the newest developments in the law and regulation of tax-exempt organizations
In the 2024 Cumulative Supplement to The Law of Tax-Exempt Organizations, 12th Edition, a team of experienced and renowned attorneys delivers the latest developments in the ever-evolving tangle of laws and regulations impacting on the operation of tax-exempt entities in the United States. You'll find discussions of the most recent Treasury Department regulations, Internal Revenue Service revenue rulings and revenue procedures, and federal court opinions (and the occasional state court opinion of particular importance) from 2023 and 2024.
The authors explore new private letter rulings from the IRS, updating the public on their position on a wide array of issues with day-to-day applicability to tax exempt organizations. You'll also find:
* Incisive and authoritative analysis of recent federal court decisions impacting the managers, officers, and directors of tax-exempt organizations
* The authors' valuable insights into the efficacy and correctness of the various rulings, procedures, and opinions from government agencies issued since 2023
* Careful consideration of the effect of the growing number of laws, regulations, and procedures impacting the management of tax-exempt entities
Perfect for the managers, directors, and officers of tax-exempt organizations, the 2024 Cumulative Supplement to the 12th edition of The Law of Tax-Exempt Organizations will also prove invaluable to the lawyers, accountants, and other professionals who serve them.
About the Authors
Preface
About the Online Resources
Book Citations
PART ONE: INTRODUCTION TO THE LAW OF TAX-EXEMPT ORGANIZATIONS
1 Definition of and Rationales for Tax-Exempt Organizations
2 Overview of Nonprofit Sector and Tax-Exempt Organizations
PART TWO: FUNDAMENTALS OF THE LAW OF TAX-EXEMPT ORGANIZATIONS
3 Tax Exemption: Source and Recognition
4 Organizational, Operational, and Related Tests and Doctrines
5 Nonprofit Governance
PART THREE: TAX-EXEMPT CHARITABLE ORGANIZATIONS
6 Concept of Charitable
7 Charitable Organizations
8 Educational Organizations
9 Scientific Organizations
10 Religious Organizations
11 Other Types of Charitable Organizations
12 Public Charities and Private Foundations
PART FOUR: OTHER TAX-EXEMPT ORGANIZATIONS
13 Social Welfare Organizations
14 Business Leagues and Similar Organizations
15 Social Clubs
16 Labor, Agricultural, and Horticultural Organizations
17 Political Organizations
18 Employee Benefit Funds
19 Other Categories of Tax-Exempt Organizations
PART FIVE: PRINCIPAL EXEMPT ORGANIZATION LAWS
20 Private Inurement and Private Benefit Doctrines
21 Intermediate Sanctions
22 Legislative Activities by Tax-Exempt Organizations
23 Political Campaign Activities by Tax-Exempt Organizations
24 Unrelated Business: Basic Rules
25 Unrelated Business: Modifications, Exceptions, Special Rules, and Taxation
PART SIX: ACQUISITION AND MAINTENANCE OF TAX EXEMPTION
26 Exemption Recognition and Notice Processes
27 Administrative and Litigation Procedures
28 Operational Requirements
PART SEVEN: INTERORGANIZATIONAL STRUCTURES AND OPERATIONAL FORMS
29 Tax-Exempt Organizations and Exempt Subsidiaries
30 Tax-Exempt Organizations and For-Profit Subsidiaries
31 Tax-Exempt Organizations and Joint Ventures
32 Tax-Exempt Organizations: Other Operations and Restructuring
Appendix A--Sources of the Law
Table of Cases
Table of IRS Revenue Rulings
Table of IRS Revenue Procedures
Table of IRS Private Determinations Cited in Text
Table of Other IRS Private Determinations
Table of Cases Discussed in Bruce R. Hopkins' Nonprofit Counsel
Table of IRS Private Determinations Discussed in Bruce R. Hopkins' Nonprofit Counsel
Cumulative Index
He was a presenter and featured speaker, nationally and internationally, at numerous conferences throughout his career, among them Representing and Managing Tax-Exempt Organizations (Georgetown University Law Center, Washington, D.C.) and The Private Foundations Tax Seminar (El Pomar Foundation, Colorado Springs, CO). He practiced law in Washington, D.C. and Kansas City, MO, for over 50 years, receiving numerous awards and forms of recognition for his efforts.
Shane Hamilton (Coppell, TX) has represented tax-exempt, nonprofit organizations in connection with their federal tax and nonprofit governance matters for over two decades, including family- and company-sponsored private foundations, publicly supported charities, private schools, churches and religious organizations, supporting organizations, charitable trusts, social welfare organizations, and trade associations. He regularly counsels tax-exempt organizations on a wide range of matters involving nonprofit corporate law, governance best practices, obtaining and maintaining federal tax-exempt status, UBIT, excess benefit transactions (intermediate sanctions), private foundation excise taxes, and other legal requirements applicable to tax-exempt organizations.
In addition to advising tax-exempt clients on their tax and legal issues, he offers clients practical advice on navigating the challenges presented when business or mission-oriented goals conflict with the tax laws. Over the years, Mr. Hamilton has acted as outside general counsel for many different organizations; currently he serves in that role for The Meadows Mental Health Policy Institute for Texas.
