Book DescriptionThe 2004 Supplement includes a discussion of the following developments:
- Publication of the IRS Implementing Guidelines for the government"s fiscal year 2004
- An array of private letter rulings interpreting the intermediate sanction rules
- Beginning of the integration of exempt organizations developments and the government"s battle with abusive tax shelters
- Enactment of law enabling the government to suspend the exempt status of organizations believed to be engaging in terrorist activity
- Beginnings of IRS guidance concerning exempt organizations" utilization of the Internet