Private Foundations: Tax Law and Compliance (Wiley Nonprofit Law, Finance and Management Series)

With more than 50,000 private foundations in the United States and the increasing scrutiny of the IRS, this much needed, annually updated manual provides a wide range of tax rules and regulations for these foundations. Coauthored by a lawyer and tax accountant, the revised and expanded Third Edition includes practical tax compliance suggestions and in-depth legal explanations. Completely revised, the new edition captures all new developments in the private foundations arena. It provides lawyers and accountants for foundations and tax-exempt organizations with line-by-line instructions, sample-filled IRS forms, and complete citations.