Not For Profit/Exempt Organizations Blog

Monthly Archives: December 2012

New York Attorney General Issues Proposed Regulations to Require Nonprofits to Publicly Disclose Their Political Expenditures and Their Donors’ Identities

New York Attorney General Eric T. Schneiderman has issued proposed regulations that would require many nonprofit organizations to annually disclose certain information about their political spending and their donors’ identities.  According to the Attorney General, the proposed regulations are in response to nonprofit organizations, in particular Section 501(c)(4) social welfare organizations, that have engaged in … Continue Reading

IRS and Treasury Release Annual Priority Guidance Plan

The IRS and Treasury Department have released their annual Priority Guidance Plan (the “Plan”) for the 2012-2013 fiscal year.  The 35-page Plan is available here and includes thirteen projects directly related to Exempt Organizations.  At least five other projects, such as final regulations under Section 170 regarding charitable contributions and guidance on Section 403(b) plans, … Continue Reading

IRS Extends Deadline to Apply for Reinstatement for Small Automatically Revoked Exempt Organizations Affected by Hurricane Sandy – Deadline Remains 12/31/2012 For All Other Organizations”

The Internal Revenue Service (“IRS”) has extended the filing date to February 1, 2013 for an eligible exempt organization affected by Hurricane Sandy that previously had its exempt status revoked and is now applying for the reinstatement of its status.  As we have said in this blog entry, the Pension Protection Act of 2006 added … Continue Reading
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