October 2018 7520 Rate

No change. For October 2018, the 7520 rate will again be 3.4%. This is the fourth month in a row at this rate. A chart showing historical rates since 2008 is here. Some estate planning techniques benefit from rising rates. These include Qualified Personal Residence...

Lobbying by Public Charities

Can a public charity engage in efforts to influence legislation? Yes, but not as a “substantial part” of its activities. Under IRC 501(c)(3), an organization will not qualify (or remain qualified) as tax-exempt if it carries on propaganda, or otherwise attempts to...