Resources for Nonprofit Management

Four Updated Publications for Planners, www.irs.gov

Publication 950, Introduction to Estate and Gift Taxes. This 12-page publication contains an excellent basic tutorial on taxable and non-taxable transfers, gift splitting, and the thresholds and application of the gift, estate, and GST taxes.

Publication 1771, Charitable Contributions—Substantiation and Disclosure Requirements. This publication details gift reporting and substantiation requirements, incorporating the changes in the Pension Protection Act of 2006.

Publication 4221-PC, Compliance Guide for 501(c)(3) Public Charities. This publication includes return information for charities (including new requirements for small charities not required to file Forms 990 or 990-EZ), records, reports of changes, and public disclosures.

Publication 4221-PC, Compliance Guide for 501(c)(3) Private Foundations. This publication addresses private foundation forms, jeopardizing activities, required returns, recordkeeping, reports of changes, and public disclosures.

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