Product DescriptionWith 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.
Customer Reviews
Average Rating:
Rating: - Must Have if considering your own foundation
This book comes with a hefty price - I was hesitant. If you are considering the establishment of your own private foundation, this book is a must. It is fairly heavy with the legaleze, but required when considering the thorough discussions of establishing and maintaining a foundation with respect to the applicable IRS tax code. Each topic is documented and sample tax forms are illustrated. Highly recommended - needs to be a little more user friendly for the 5th star.
