ORG was a tax-exempt organization under Sec. 501(c)(3). ORG's organizing documents state that assets would be distributed to Sec. 501(c)(3) organizations upon dissolution. During an audit by the Service, it was brought to ORG's attention that ORG's primary and exclusive activity was the conducting of motto games for senior citizens, which did not qualify as an activity that furthers a charitable purpose. ORG willingly began the necessary steps to dissolve with the state and terminate with the Service. >> More

Facts: Several years ago Mother and Father built a unique home on 45 acres of beautiful rolling hills and woods. Father passed away three years ago and Mother now owns the 45-acre parcel and home.

She enjoys the peaceful country view from her front window. >> More

The Senate Finance Committee conducted a hearing on July 14, 2010 to discuss the potential extension of tax cuts. In the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA), there were tax reductions for nearly all Americans. >> More

GiftLaw Pro is a complete charitable giving and tax information service inside the GiftLaw Web Site. With one click on the GiftLaw Pro Link, you have access to a user-friendly and very comprehensive source for answering any of your planned giving questions. GiftLaw Pro is a gift planning electronic library with over 5,000 links. Select a link and you can view any topic and take a quiz, look at related information and view the actual regulations, private letter rulings or cases. You will find GiftLaw Pro to be your primary source for planned giving information in the future! >> More

The GiftLaw Calculator is a planned gifts calculator for professionals that follows the IRS format. Click here to access and run charitable deduction calculations for the following gift plans. >> More