Tax Planning and Compliance for Tax-Exempt Organizations, 6th Edition

Index

• 3 times test, 140
• 20 percent owners, definition, 126
• 35/15 test (social clubs), 50
• 35 percent+ business, definition, 127
• 50% test, 136
• 401(k) plans, minimum distribution (waiver), 166

• A
• AAOnline, (c)(8) brochure, 53
• Adjusted gross income (AGI)
  • 50 percent AGI limitation, elimination, 17
  • changes, 16
  • deductions, range, 157

• Advance Child Tax Credit (AdvCTC) payments weekend events, 100–102
• Affiliation, demonstration, 98
• Affordable Care Act (ACA), 131
• Alcohol, sale/consumption (permission), 58
• American Institute of Certified Public Accountants (AICPA), Not-for-Profit Section (advice), 8–11
• American Rescue Plan Act of 2021 (ARP), 100
• Ancient Order of United Workmen, founding, 52–53
• Animal and bird sanctuary (cash and other assets), 70
• Animals
  • §5.1: educational purposes, 43
  • cruelty, educational/scientific/literary purposes/prevention, 29

• Anti-abuse rules, 140
• Anti-virus software, usage, 10
• Applicable Tax-Exempt Organization (ATEO), 135–136
  • 50% test, 136
  • covered employees, 136–138, 142
  • excess remuneration payment, 144–145
  • non-ATEO organizations, regulations, 143
  • tax liability, 143
  • tax year calculation, 141

• Archer medical savings accounts (Archer MSAs), 132
• Arm's length transaction, 178
• Articles of Incorporation, 31, 148
• Assets, 69, 71–72
  • distribution, 30
  • significant disposition, 63

• Automated liens/levies, IRS suspension, 20
• Awards, approval (examples), 81–84

• B
• “Bad actors,” 8
• Better Business Bureau of Washington, D.C., Inc. v. United States, 28 ...