Annual revenue procedures concerning exempt organizations  

January 8: The IRS posted the first two editions of the Internal Revenue Bulletin for 2014 (dated January 2 and January 6) providing text of the “annual revenue procedures”—including those affecting exempt organizations.

The following table lists certain revenue procedures that may concern exempt organizations, contained in Internal Revenue Bulletin 2014-1 [PDF 1 MB] and with a notation of significant changes (if any).

Rev. Proc. 2014-4

Ruling and determination letters
Under section 9.03(3), determination letter requests are not eligible for expedited handling
Rev. Proc. 2014-5

Technical advice
No significant changes
Rev. Proc. 2014-8

User fees
User fees are eliminated for accounting period changes (previously $350) and accounting method changes (previously $275).

Section 6.08 is modified to provide for a single user fee for all letter rulings, eliminating the reference (and reduced user fee of $2,250) to qualified subsidiaries of section 501(c)(25) organizations.

The following table lists certain revenue procedures concerning exempt organizations, contained in Internal Revenue Bulletin 2014-2 [PDF 535 KB], with a notation of significant changes (if any).

Rev. Proc. 2014-9

Determination letters and rulings
No significant changes
Rev. Proc. 2014-10

Determination letters and rulings on private foundation classification
No significant changes

For more information, contact:

Rick Speizman, Partner-in-Charge of KPMG's Washington National Tax Exempt Organizations Tax group

+1 (202) 533-3084

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