Product Description
This digital document is an article from Association Management, published by American Society of Association Executives on August 1, 2003. The length of the article is 1217 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Understanding intermediate sanctions rules. (Legal).(IRS disciplining of tax-exempt organizations)
Author: Lauren W. Bright
Publication: Association Management (Magazine/Journal)
Date: August 1, 2003
Publisher: American Society of Association Executives
Volume: 55Issue: 8Page: 17(2)

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Product Description
This global reference work is the first to identify and provide key information on over 750 leading associations and professional organizations, both national and international, which reflect the size, diversity and specializations of the financial services industry. Many of these bodies have regulatory responsibilities which impact directly on financial institutions; others have different roles such as offering accreditation to financial institutions, or providing marketing channels, training facilities, professional qualifications, discussion fora, setting of standards, information services, or other significant membership benefits. A global information resource such as Associations and Professional Organizations in Financial Services therefore has significant value for financial institutions and their professional advisors. All data has been verified by the bodies included and covers the following:

- Address, phone, fax, email, website
- Directors and officers/executives
- Aims and activities
- Chapters/sections
- Membership numbers
- Qualifications for membership
- Qualifications & training offered
- Membership fees
- History (background, date of establishment, former names)
- Principal publications
- Events calendar (dates & locations of conferences and assemblies)

A small sample of the associations covered includes: American Association of Bank Directors, American Financial Services Association, Association of Insurance Compliance Professionals, Australian Investors Association, Bond Market Association, Canadian Securities Institute, Hedge Fund Associations, International Swaps & Derivatives Association, Investment Management Association, Société Française des Analystes Financiers. ... Read more

Product Description
This is an OCR edition without illustrations or index. It may have numerous typos or missing text. However, purchasers can download a free scanned copy of the original rare book from the publisher's website (GeneralBooksClub.com). You can also preview excerpts of the book there. Purchasers are also entitled to a free trial membership in the General Books Club where they can select from more than a million books without charge. Subjects: Associations, institutions, etc; Business ... Read more

Product Description
This digital document is an article from Arkansas Business, published by Journal Publishing, Inc. on October 7, 1991. The length of the article is 2768 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: ACORN - just a bunch of nuts? (members of Association of Community Organizations for Reform Now fight proposed sales-tax increases)(includes related articles on ACORN's founding and its members)
Author: Carrie Rengers
Publication: Arkansas Business (Magazine/Journal)
Date: October 7, 1991
Publisher: Journal Publishing, Inc.
Volume: v8Issue: n41Page: p1(3)

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Product Description
This digital document is an article from Association Management, published by American Society of Association Executives on December 1, 2004. The length of the article is 1222 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Tax-exempt and commercial organization joint ventures.(LEGAL)
Author: Jerald A. Jacobs
Publication: Association Management (Magazine/Journal)
Date: December 1, 2004
Publisher: American Society of Association Executives
Volume: 56Issue: 12Page: 25(2)

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Product Description
This digital document is an article from The Tax Adviser, published by American Institute of CPA's on July 1, 1995. The length of the article is 761 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The IRS should clarify the issue of whether Olympic and other sports organizations qualify for IRC section 501(c)(3) treatment despite the fact that athletes participating in such events are not longer exclusively amateurs. The definition of amateur in the tax code has never been clear, and regulations have not been revised since the Olympics relaxed the standards for athletes. This issue is of relevance to both the organizations and individuals that support these organizations with charitable donations.

Citation Details
Title: What is "amateur" sports competition? (tax-exempt organizations)
Author: Charles T. Crawford
Publication: The Tax Adviser (Magazine/Journal)
Date: July 1, 1995
Publisher: American Institute of CPA's
Volume: 26Issue: n7Page: 407(2)

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Product Description
This digital document is an article from Association Management, published by American Society of Association Executives on May 1, 1994. The length of the article is 839 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Asst. Treasury Sec. for Tax Policy Leslie B. Samuels disclosed the Clinton administration plan to assist the IRS reduce 'abuses' within the exempt-organization community. The plan would place a tax on 'excess benefits' enjoyed by nonprofit organization insiders and would raise the penalties for non-compliance with Form 990 disclosure requirements. The plan would take effect on Mar. 16, 1994, following congressional approval.

Citation Details
Title: A tax on "excess benefits": a proposed penalty to end "abuses" by nonprofit organizations. (Special Report)
Author: Jeffrey S. Tenenbaum
Publication: Association Management (Magazine/Journal)
Date: May 1, 1994
Publisher: American Society of Association Executives
Volume: v46Issue: n5Page: p57(2)

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This digital document is an article from Association Management, published by American Society of Association Executives on October 1, 1996. The length of the article is 2257 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: A new law that imposes intermediate sanctions on certain activities of nonprofit organization members has been signed into law by Pres. Clinton on Jul. 30, 1996. This new law seeks to prevent financial abuses and is imposed on individuals and not on the nonprofit entity itself. The value of the initial tax is 25% of the excess economic benefit that a member has received. Transactions affected are those undertaken on or before Sep. 14, 1995.

Citation Details
Title: A powerful new tool for the IRS. (penalty taxes on nonprofit organizations)(includes related article on provisions of law)
Author: Andrew S. Lang
Publication: Association Management (Magazine/Journal)
Date: October 1, 1996
Publisher: American Society of Association Executives
Volume: v48Issue: n10Page: p49(4)

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Product Description
This digital document is an article from Association Management, published by American Society of Association Executives on January 1, 1998. The length of the article is 578 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The organization and operation of associations generally fall under the nonprofit and tax-exempt status. Nonprofit status refers to incorporation status under state law whereby programs benefit members and the public rather than private individuals. On the other hand, tax-exempt status refers to federal income tax exemption under the Internal Revenue Code. Tax-exempt organizations often remain subject to other taxes such as federal payroll taxes, real estate taxes, franchise taxes, among others.

Citation Details
Title: The difference between nonprofit and tax-exempt status: understanding association terminology.(Board Primer)
Author: Jeffrey S. Tenenbaum
Publication: Association Management (Magazine/Journal)
Date: January 1, 1998
Publisher: American Society of Association Executives
Volume: v50Issue: n1Page: p61(2)

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Customer Reviews (1)

could use more info
I thought this might be informative but if you read the description of the article, you get all the information that is in the document! There are many things that would make this better. For instance, discussing the status of an organization that is a nonprofit and which has applied for tax exempt status. Most people don't know it can take years after forming a 501(c)3 to actually be tax exempt.

I was disappointed because I was looking for some good ways of describing our organization (one of the in betweens) and in learning something more about the process of moving from one to the other and what's needed in this gap. It would also be helpful to include information on the other terms that are used and what they mean, such as what is a 501(c)3 and organizations that describe themselves as not-for-profit... ... Read more

Product Description
This digital document is an article from Association Management, published by American Society of Association Executives on June 1, 1993. The length of the article is 8074 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Tax rules governing nonprofit trade associations are clarified following the spate of conflicting unrelated business income tax cost-allocation methods being practiced by the associations and prescribed by the IRS. Cost allocation is the process of assigning costs to a variety of activities done by the association. Unrelated business income revenues of trade associations are subjected to tax while exempt-purpose revenues are not. The trade association must know follow a consistent method on allocating costs into either category to avoid back taxes, penalties and interest payments. Cases and cost-allocation methods suggested by the IRS are discussed.

Citation Details
Title: Figuring unrelated business income tax the IRS way. (includes related articles) (Cover Story)
Author: Andrew S. Lang
Publication: Association Management (Magazine/Journal)
Date: June 1, 1993
Publisher: American Society of Association Executives
Volume: v45Issue: n6Page: p40(13)

Article Type: Cover Story

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Product Description
This digital document is an article from Association Management, published by American Society of Association Executives on July 1, 1994. The length of the article is 5943 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The IRS has ruled that membership dues paid by associate members of an assocation are part of unrelated business income and therefore subject to taxation. The key issue to this ruling is the reclassification of associate members as non-bona fide members of an organization. Therefore, organizations wishing to avoid paying tax on associate member dues should provide ample documentation to demonstrate the associate members' participation in tax exempt-purpose activities. Other suggestions on how to avoid paying tax on associate member dues are presented.

Citation Details
Title: Taxing associate member dues. (membership dues paid by associate members of associations)(includes related articles)
Author: Jeffrey S. Tenenbaum
Publication: Association Management (Magazine/Journal)
Date: July 1, 1994
Publisher: American Society of Association Executives
Volume: v46Issue: n7Page: p59(10)

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Product Description
This digital document is an article from Association Management, published by American Society of Association Executives on June 1, 1994. The length of the article is 613 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Associations intending to retain their nonprofit status should base this decision on a careful consideration of the advantages and disadvantages of tax exemption. Among the benefits of the tax-exempt status are the special mailing rates for nonprofits, deductible contributions and relative freedom from the FTC. On the other hand, taxable status offers such advantages as compensation confidentiality, deferred compensation, fewer government audits and no unrelated business income tax.

Citation Details
Title: Should an association retain its nonprofit status?
Author: George D. Webster
Publication: Association Management (Magazine/Journal)
Date: June 1, 1994
Publisher: American Society of Association Executives
Volume: v46Issue: n6Page: p147(2)

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