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Protecting Your Organization's Tax-Exempt Status : A Guide for Nonprofit Managers - Mark Bookman

Protecting Your Organization's Tax-Exempt Status

A Guide for Nonprofit Managers

Hardcover Published: 20th March 1992
ISBN: 9781555424329
Number Of Pages: 295

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The most comprehensive and ambitious effort I've seen to compile and discuss, in one resource, all of the issues and information about this crucial topic. Nonprofit executives, managers, legal counsel, and trustees all can benefit from this useful and informative book.<br> ?J. David Seay, vice president, secretary, and counsel, United Hospital Fund <br> <br> Bookman provides nonprofit leaders with a comprehensive examination of federal, state, and local laws affecting nonprofit organizations and recommAnds actions nonprofits can take to protect their organizations tax-exempt status.<br> <br> Using case studies extensively, he explains such crucial matters as preparing for an IRS audit, reporting unrelated business income, responding to claims of unfair competition, and fighting challenges to nonprofits' property tax exemption.<br> <br> Protecting Your Organization's Tax Exempt Status demonstrates how federal tax law applies to specific segments of the nonprofit sector. Discusses actual IRS audits of nonprofits, shows how nonprofits can develop positive community relations, and reviews congressional hearings on federal tax exemptions for nonprofits.

Preface
The Author
Tax Exemption Under Challenge: The Context
The Current Debate Over Tax Exemptionp. 3
The Current Environment and Debatep. 3
The Views of the Protagonistsp. 7
The Current Approach to Tax Lawsp. 9
The Evolution of Government Policy Toward Nonprofit Organizationsp. 12
A Brief History of Federal Law and Tax-Exempt Statusp. 12
The Rationale for Tax Exemptionp. 16
Organizations That Are Coveredp. 20
The Unrelated Business Income Taxp. 23
Federal Law and the Internal Revenue Code
Federal Law on Tax-Exempt Status and Unrelated Business Incomep. 29
Gaining Tax-Exempt Statusp. 30
Maintaining Tax-Exempt Statusp. 36
Unrelated Business Incomep. 38
Separating Taxable and Nontaxable Incomep. 41
Using the Fragmentation Testp. 54
Taxing Passive Incomep. 54
Convenience Exceptionp. 59
Political Activityp. 60
Other Exemptionsp. 62
Special Rules for Specific Types of Incomep. 64
Leasing Rulesp. 65
Debt-Financed Propertyp. 67
Income from Advertisingp. 69
Subsidiary Organizationsp. 71
Exploitation Rulep. 74
Joint Ventures and Partnershipsp. 74
Dual Use Facilitiesp. 76
Fund-Raising Activities and Solicitationsp. 77
Mailing Listsp. 78
Researchp. 79
How the Internal Revenue Code Treats Different Types of Organizationsp. 81
Educational Organizationsp. 82
Religious Organizationsp. 85
Hospitalsp. 87
Other Major Categories of Organizationsp. 95
Potential Changes to the Internal Revenue Codep. 98
Posthearing Activity: Proposals Currently Under Considerationp. 100
Actions of the Internal Revenue Servicep. 107
Other Tax Legislationp. 110
State and Local Issues
Nonprofit Tax Law at the State Levelp. 115
The Unfair Competition Debatep. 115
The Business Coalition for Fair Competitionp. 116
Legislative Activity at the State Levelp. 120
Review Commissionsp. 124
Proposed Model State Unfair Competition Billp. 125
Judicial Activity and Other State Legislationp. 126
The Use of Political Pressurep. 130
Responses in the Nonprofit Community: Policy Formulationp. 134
The Futurep. 137
Local Government and Property Tax Exemptionsp. 139
Property Tax Exemption Litigationp. 141
Litigation: Exemption from Other Local Government Taxesp. 146
Property Tax Exemption Statutesp. 146
Community and Nonprofit Organization Relationships: Political Alternativesp. 152
Options Other Than Property Tax Exemptions: State Subsidiesp. 154
Options Other Than Property Tax Exemptions: Fees in Lieu of Taxesp. 155
Judicially Created Multipart Tests and Other Court Actionsp. 157
Overview of Property Tax Exemptionp. 159
Community Disputes Over Property Tax Exemptions: Lessons from Specific Casesp. 161
Higher Educationp. 162
Case Study: The Syracuse University Carrier Domep. 165
Case Study: The YMCAp. 168
Case Study: Voluntary Hospitalsp. 176
Guidelines for Action
Ensuring Compliance with the Law and Dealing with Potential Challengesp. 187
What the Law Requiresp. 187
Developing and Implementing an Action Planp. 190
The Audit Processp. 195
A Recommended Proactive Program: The Social Accountability Budgetp. 200
Other Proactive Examplesp. 207
Applicability to Individual Organizationsp. 212
Influencing Public Policy Toward Nonprofitsp. 213
Resource A. Unrelated Business Income Tax Casesp. 221
Resource B. Unfair Competition Casesp. 230
Resource C. Property Tax and Related Casesp. 232
Resource D. Internal Revenue Service Materialsp. 239
Referencesp. 247
Indexp. 259
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9781555424329
ISBN-10: 1555424325
Series: Nonprofit Sector Series
Audience: General
Format: Hardcover
Language: English
Number Of Pages: 295
Published: 20th March 1992
Publisher: JOSSEY BASS
Country of Publication: US
Dimensions (cm): 23.9 x 16.1  x 2.63
Weight (kg): 0.59
Edition Number: 1

Earn 188 Qantas Points
on this Book