The Office of Management and Budget, Office of Information and Regulatory Affairs, on June 11, published its Spring 2021 Unified Agenda of Regulatory and Deregulatory Affairs within the federal government's executive branch.
The Office of Management and Budget, Office of Information and Regulatory Affairs, on June 11, published its Spring 2021 Unified Agenda of Regulatory and Deregulatory Affairs within the federal government's executive branch.
The IRS reviewed a program of a private foundation that has as its mission advancement of the arts and art education by empowering local artists and cultural institutions to expand public access to a broader range of art. It engages in a wide range of activities, including grantmaking to promote access to capital for art institutions.
The US Supreme Court, by decision dated June 17, ended the current litigation over the constitutionality of the Patient Protection and Affordable Care Act by its ruling (7-2) that the plaintiffs lack Article III standing (California et al. v. Texas et al.). That is, the challenge based on elimination of the penalty underlying the individual insurance mandate failed because the plaintiffs were unable to show the requisite past or future injury fairly traceable to the defendants' conduct.
The Department of the Treasury, on June 3, issued its report on tax expenditures for fiscal years 2020–2030. The tax expenditure associated with the income tax charitable contribution deduction in this report is the fifth largest, at $883.5 billion. The tax expenditures of greater size are the following
The Department of the Treasury, on May 20, announced its “tax compliance agenda” to accompany the Biden Administration's tax law revision proposals (the American Families Plan). The focus of this agenda is closure of the tax gap.
For reasons discussed in the April 2021 issue, this GAO report is mediocre. Matters have worsened, as the GAO's “analysis” morphed into testimony delivered as part of the House Committee on Education and Labor's hearing.
The US Supreme Court, on April 26, heard arguments in two cases concerning the constitutional law scope of state regulation of fundraising charities in juxtaposition to the free speech rights of the charities and their donors (Americans for Prosperity Foundation v. Bonta; Thomas More Law Center v. Bonta).
The Treasury Inspector General for Tax Administration issued its “Fiscal Year 2019 Statistical Trends Review of the Tax Exempt and Government Entities Division” (No. 2021-10-031 (May 3)). This report is part of TIGTA's FY 2021 annual audit plan (summarized in the December 2020 issue).
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：