William Byrnes' Tax, Wealth, and Risk Intelligence

William Byrnes (Texas A&M) tax & compliance articles

Recent PLRs Highlight How Not to Run a Charitable Organization

Posted by fhalestewart on December 10, 2017

Every week, the IRS releases PLRs covering the gamut of tax issues.  Several released this week drive home the point that running a 501(c)(3) organization is a complex process.

From PLR 2017-49015


From PLR 2017-49014PLR2

Neither of these releases involves complex issues.  Instead, we see organizations that are not operating charitably,  not maintaining adequate books and records or allowing the IRS to examine records as requestions.  Anyone of these problems will provide the IRS adequate reason to revoke a tax-exempt status.

As a final point, charitable giving typically ramps up at year-end.  This is a good time to contact organizations to see if they are still tax-exempt.




Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: