Private Foundations: Tax Law and Compliance, 3rd Edition

by Bruce R. Hopkins (Member, District of Columbia Bar); Jody Blazek (Blazek, Rogers, and Vetterling)

• ISBN13: 9780470399620
• ISBN10: 0470399627
• Format: eBook
• Copyright: 2008-09-01
• Publisher: Wiley

Summary

With more than 50,000 private foundations in the United States and the increasing scrutiny of the IRS, this much-needed, annually updated manual provides you with a wide range of tax rules and regulations for these foundations. Coauthored by a lawyer and tax accountant, the revised and expanded Third Edition includes practical tax compliance suggestions and in-depth legal explanations. Capturing all-new developments in the private foundations arena, the new edition presents you with line-by-line instructions, sample-filled IRS forms, and complete citations.

Table of Contents

Preface

Introduction to Private Foundations

Starting and Funding a Private Foundation

Types of Private Foundations

Disqualified Persons

Self-Dealing

Mandatory Distributions

Excess Business Holdings

Jeopardizing Investments

Taxable Expenditures

Tax on Investment Income

Unrelated Business Income

Tax Compliance and Administrative Issues

Termination of Foundation Status

Charitable Giving Rules

Private Foundations and Public Charities

Donor-Advised Funds

Sources of the Law

Internal Revenue Code Sections

Table of Cases

Table of IRS Revenue Rulings and Revenue Procedures

Table of IRS Private Determinations Cited in Text

Table of IRS Private Determinations Discussed in Bruce R. Hopkins' Nonprofit Counsel

Table of IRS Private Letter Rulings, Technical Advice Memoranda, and General Counsel Memoranda

Index

Table of Contents provided by Publisher. All Rights Reserved.