Internal Revenue Bulletin:  2010-42 

October 18, 2010 

EXEMPT ORGANIZATIONS


REG-153340-09 REG-153340-09

Proposed regulations under section 6302 of the Code relate to Federal Tax Deposits (FTDs) by Electronic Funds Transfer (EFT) and provide rules requiring depositors to use EFT for all FTDs and eliminate rules regarding FTD coupons.

Announcement 2010-79 Announcement 2010-79

The IRS has revoked its determination that the Coach Ken Carter Foundation of Richmond, CA; and First Step, Inc., of Manahawkin, NJ, qualify as organizations described in sections 501(c)(3) and 170(c)(2) of the Code.


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