Tax planning and compliance for tax-exempt organizations : rules, checklists, procedures. 2021 cumulative supplement

Provides an understanding of the theory of coaching and mentoring with practical applications within the field of dentistry Practical Applications of Coaching and Mentoring in Dentistry offers a comprehensive overview of the theory of coaching and mentoring as it applies to the field of dentistry. The book includes practical case studies that demonstrate how dental professionals have implemented coaching and mentoring into their daily practice. Grouped into themes such as remediation, foundation training, outreach training, and specialist practice, it also explains the coaching and mentoring techniques chosen and applied. Core topics include: A thorough introduction to the mechanics of mentoring The characteristics of typical mentors, mentoring engagements and the different types of mentoring What mentoring can achieve An exploration of business coaching, including the difference between mentoring and coaching Discussions of the various types of models used within mentoring and coaching Promoting the importance of coaching and mentoring, Practical Applications of Coaching and Mentoring in Dentistry highlights the positive impact and benefits, and is a valuable resource for dental professionals, dental organisations, and local dental committees. Cover Title Page Copyright Page Contents Preface Part I Qualifications of Tax-Exempt Organizations Chapter 1 Distinguishing Characteristics of Tax-Exempt Organizations § 1.8 Developments Responding to COVID-19 Chapter 2 Qualifying Under IRC § 501(c)(3) § 2.2 Operational Test Chapter 3 Religious Organizations § 3.2 Churches Chapter 4 Charitable Organizations § 4.3 Lessening the Burdens of Government § 4.5 Advancement of Education and Science § 4.6 Promotion of Health Chapter 5 Educational, Scientific, and Literary Purposes and Prevention of Cruelty to Children and Animals § 5.1 Educational Purposes Chapter 6 Civic Leagues and Local Associations of Employees: § 501(c)(4) §6.2 Qualifying and Nonqualifying Civic Organizations Chapter 9 Social Clubs: § 501(c)(7) § 9.4 Revenue Tests Chapter 11 Public Charities § 11.2 “Inherently Public Activity” and Broad Public Support: § 509(a)(1) § 11.5 Difference between § 509(a)(1) and § 509(a)(2) Part II Standards for Private Foundations Chapter 12 Private Foundations—General Concepts § 12.4 Termination of Private Foundation Status Chapter 14 Self-Dealing: IRC § 4941 § 14.2 Sale, Exchange, or Lease of Property § 14.5 Transactions That Benefit Disqualified Persons Chapter 15 Minimum Distribution Requirements: IRC § 4942 § 15.1 Assets Used to Calculate Minimum Investment Return § 15.2 Measuring Fair Market Value § 15.4 Qualifying Distributions Chapter 16 Excess Business Holdings and Jeopardizing Investments: IRC §§ 4943 and 4944 § 16.1 Excess Business Holdings § 16.2 Jeopardizing Investments Chapter 17 Taxable Expenditures: IRC § 4945 § 17.3 Grants to Individuals § 17.4 Grants to Public Charities Part III Obtaining and Maintaining Tax-Exempt Status Chapter 18 IRS Filings, Procedures, and Policies § 18.1 IRS Determination Process § 18.2 Annual Filing of Form 990 § 18.4 Weathering an IRS Examination Chapter 19 Maintaining Exempt Status § 19.1 Checklists Chapter 20 Private Inurement and Intermediate Sanctions § 20.11 New § 4960 Excise Tax on Excess Compensation Chapter 21 Unrelated Business Income § 21.4 Definition of Trade or Business § 21.8 Unrelated Activities § 21.10 Income Modifications § 21.11 Calculating and Minimizing Taxable Income Chapter 23 Electioneering and Lobbying § 23.3 Tax on Political Expenditures Chapter 24 Deductibility and Disclosures § 24.1 Overview of Deductibility § 24.2 The Substantiation and Quid Pro Quo Rules § 24.3 Valuing Donor Benefits Chapter 25 Employment Taxes § 25.1 Distinctions Between Employees and Independent Contractors Index EULA Stay informed about the latest legislative, regulatory, and case law developments in the area of tax-exempt organization taxation and compliance In the 2021 Supplement to the 6th edition of Tax Planning and Compliance for Tax-Exempt Organizations: Rules, Checklists, Procedures, readers will find authoritative guidance and insightful commentary on the latest regulatory and legislative changes affecting public charities, private foundations, civic associations, business leagues, and social clubs. The Supplement also includes comprehensive coverage of the most important cases and common law developments governing tax-exempt organizations, the managers who oversee them, and the professionals who advise them. Written by one of the leading authorities in the field, this latest update to a complex and rapidly evolving area of the law is an indispensable and reliable companion to the most recent edition of Tax Planning and Compliance for Tax-Exempt Organizations. The Tax Exempt Organizations Division of the Internal Revenue Service (IRS) began to implement its reorganizational plan in October 1999 that is illustrated and described in supplemental materials for Chapter 28.