In PLR 20113041, the IRS revoked the tax exemption of a public charity based on excess benefit and private inurement issues. This ruling highlights practices that charities should avoid in order to ...

It must be said that the Clinton Foundation has done good works. In fairness, it should also be said that Bill and Hillary Clinton may well have intended only the best and most charitable goals, both ...

“Taxation is the rule and exemption is the exception.” This basic principle in taxation law has been sustained in a number of decided cases by no less than our Supreme Court. The highest tribunal has ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Besides, it is difficult to tease out the facts, with undisclosed ...

The IRS division tasked with ensuring tax-exempt entities comply with relevant tax laws has announced that beginning in fiscal year 2018, it will focus on examining charitable organizations that show ...

Non-profit organizations play a vital role in building healthy communities by providing critical services that contribute to economic stability and mobility. They serve to supplement the programs ...