Includes bibliographical references (pages 281-282) and index.
Contents:
Opening perspectives -- Government agency law basics -- Relevant basic tax-exempt organizations law -- Nonprofit organizations' governance standards -- Evolution of IRS policy as to nonprofit governance -- IRS private letter ruling policy -- IRS lacks jurisdiction to regulate nonprofit governance -- IRS lacks authority to regulate nonprofit governance -- Concluding thoughts.
Summary:
"Without warning, the IRS began, in 2007, to regulate in the realm of nonprofit governance. [This book] offers an explanation as to why, as a matter of law, the IRS does not have the jurisdiction or the authority to regulate the governance affairs of the nation s public charities and other categories of tax-exempt organizations. [This book] reviews the federal law concerning government agencies jurisdiction and authority. The book evaluates IRS policymaking and demonstrates that the IRS s policies are arbitrary and capricious. [The author] concludes that the IRS lacks both the jurisdiction and authority in connection with nonprofit governance. [The book] provides a solid legal underpinning for those who are concerned about the IRS's expansion of its authority into the realm of nonprofit governance, particularly when the IRS has a lengthy record of getting the underlying law wrong and imposing detrimental policies and practices on these organizations. It will be a necessary read for nonprofit directors, trustees, officers and senior executive staff and their lawyers."-- Back cover.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.