Table of Contents


Abstract

Werfel Testifies about Revisions of Exemption Application Process

House Oversight Committee Issues Report on Investigation of IRS

Down-Payment Assistance Entity Held Noncharitable, Exemption Retroactively Revoked

Booster Club Loses Exemption; Fundraising Held to Be Private Inurement, Private Benefit

Physician Ruled Not Disqualified Person for Intermediate Sanctions Purposes

Tax Court Reverses Itself on Qualified Appraisal Determination

IRS Illustrates Rules as to Valuation of Conservation Easements

Other Recent IRS Private Letter Rulings

Other Developments

Ancillary