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CharitablePlanning.com is an online tool for planning professionals seeking to manage their research, save time and make educated decisions. In addition to a fully searchable library, useful calculations and personal file management, subscriptions include daily commentary from our team of experts on important events, as well as access to the definitive Handbook on the field of Charitable Planning.

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Proposed 5-Year Payout on DAFs May Be Dropped

Wednesday, October 22, 2014

According to reports from BNA and Tax Analysts, Harold Hancock, tax counsel on House Ways and Means Committee's majority staff, said it is possible the controversial 5-year payout proposal for DAFs currently contained in Rep. Dave Camp's (R-Mich.) discussion draft may be altered or dropped.

We will let our readers know as new developments on this matter unfold.

IRS to Try Again with Electioneering Regs

Wednesday, October 22, 2014

Legislative

In an interview last week with a panel of journalists from Tax Analysts, IRS Commissioner John Koskinen said he expected to have redrafted proposed regulations on political activity by exempt organizations "out for public comment early next year."

Revocations and Rejections

Tuesday, October 21, 2014

Among this week's release of private letter rulings were two revocations, PLRs 201442057 and 201442058.

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