EO Update October 23, 2008
Issue Number 2008-16
In This Issue:
New Online Mini-Courses on Redesigned Form 990
Tax Tax Today: Preparing for the New Form 990.
Register Now for Workshops for Small and Mid-Sized Exempt Organizations
Western Conference for Tax Exempt Organizations
Rev. Proc. 2008-55: Listed Federally Recognized Tribes Treated as States for Certain Purposes
1. New Online Mini-Courses on Redesigned Form 990
StayExempt.irs.gov which provides online IRS educational resources for tax-exempt organizations, now features five new mini-courses on the redesigned Form 990. These mini-courses provide information on preparing to file the new Form 990 as well as a walk-through of the entire form and frequently used schedules. Check out other StayExempt mini-courses on topics of interest to exempt organizations as well as the web-based version of our popular workshop on tax basics for small and mid-sized organizations.
2. Tax Talk Today: Preparing for the New Form 990
Register and watch this informative, free webcast for practitioners about the redesigned Form 990. IRS and tax-exempt sector experts will discuss the new form and answer questions.
3. Register Now for Workshops for Small and Mid-Sized Exempt Organizations
These introductory one-day workshops designed for administrators or volunteers responsible for an organization's tax compliance will be held in Detroit, MI (November 18, 19, and 20) and in Memphis,TN (December 2, 3, and 4).
4. Western Conference for Tax Exempt Organizations
The annual Western Conference on Tax Exempt Organizations will be held on November 20-21, 2008, in Los Angeles, California. The two-day program for tax professionals and organization executives is jointly sponsored by IRS Exempt Organizations and Loyola Law School.
5. Rev. Proc. 2008-55: Listed Federally Recognized Tribes Treated as States for Certain Purposes
Revenue Procedure 2008-55 designates Indian tribal entities listed as federally recognized Indian tribes by the Bureau of Indian Affairs (BIA) as Indian tribal governments for purposes of IRC section 7701(a)(40). Indian tribal governments are treated as states for certain purposes. For example, charitable contributions to, or for the use of, a tribal government may be deductible under the federal income, gift, and estate tax laws.