Listed below is a series of articles published as the Exempt Organizations Continuing Professional Education (CPE) Technical Instruction Program for Fiscal Year 1996. The 1996 series of articles were published in July 1995.
These materials were designed specifically for training purposes only. Under no circumstances should the contents of these articles be used or cited as authority for setting or sustaining a technical position.
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A discussion of the tax-exempt status of computer-related organizations.
Recent Developments in Housing regarding Qualification Standards and Partnership Rules
An update on exemption standards under IRC 501(c)(3) for housing organizations, and a discussion of organizations that seek to provide charitable housing as a general partner in a limited partnership.
Social Clubs - IRC 501(c)(7)
Supplementing and updating previous articles concerning social clubs described in IRC 501(c)(7), including the concept of traditional and nontraditional activities, timber and advertising sales of social clubs, and the nondiscrimination requirement under IRC 501(i).
Update on Gaming Activities
An overview of exempt organization tax issues relating to gaming activities, and a summary of information on state laws regulating charitable gaming.
Conduit Organizations - Charitable Deductibility and Exemption Issues
A discussion of charitable deduction and exempt status issues for organizations that serve as conduits between donors and charitable donees.
State Institutions - Instrumentalities
Instrumentality terminology, Internal Revenue Manual material on instrumentalities, and a significant announcement on instrumentality filing requirements.
Self-Dealing and Other Tax Issues involving Charitable Remainder Unitrusts
Discussion of self-dealing and other tax issues as they relate to charitable remainder unitrusts.
Severance Pay Plans of State and Local Government and Tax-Exempt Employers
Treatment under IRC 457.
Update on UBIT - Travel Tours
Travel tours, as relating to unrelated business income tax.
Understanding Bond Documents
Insights into bond documents.
Application of the Arbitrage Restrictions: An Example
Practical application of the arbitrage restrictions for tax-exempt bonds under IRC 148.
Donor Directed Funds
Exemption and private foundation classification issues presented by donor directed funds, especially those offered by commercial companies, including a discussion of community trusts & pooled common funds under IRC 170(b)(1)(E)(iii).
Volunteer Firefighters' Relief Organizations
Exemption and unrelated business income tax issues for volunteer firefighters' relief organizations.
Election Year Issues
Political activities of exempt organizations and tax treatment of political organizations.
Integrated Delivery Systems and Health Care Update
Discussion of the community benefit standard under Revenue Ruling 69-545, private benefit and inurement issues, conflicts of interest, issues in the sales of exempt hospitals, and physician hospital organizations.
Valuation of Medical Practices
Valuation of medical practices by section 501(c)(3) health care organizations, discussing specific appraisal methodologies used in valuing physician practices being acquired for exempt organizations.