On July 30, 2018, the U.S. Treasury Department and the IRS announced their intent to issue regulations on three recent tax changes that affect Internal Revenue Code Section 529 Education Savings Plans. When issued, the regulations will provide guidance regarding (1) the special rules for contributions of refunded qualified higher education expenses to a qualified […]


 

New Rules Will Impact Non-Profit Organizations that Solicit and Accept Charitable Contributions On July 30, 2018, the IRS published final regulations that will impact any Internal Revenue Code 501(c)(3) charitable organization that solicits or receives charitable donations.  The final regulations address the substantiation and reporting rules for charitable contributions under Internal Revenue Code Section 170.  […]