Received: from mailer10.service.govdelivery.com ([208.42.190.170]:40707) by stodi.digitalkingdom.org with esmtp (Exim 4.76) (envelope-from ) id 1Toc0l-00043K-Fm for secretary@lojban.org; Fri, 28 Dec 2012 07:38:27 -0800 Received: from service.govdelivery.com ([10.10.22.164]) by mailer10.service.govdelivery.com (-); Fri, 28 Dec 2012 09:37:53 -0600 X-VirtualServer: Bulk, mailer10.service.govdelivery.com, 10.10.22.170 X-VirtualServerGroup: Bulk X-MailingID: 17328070::20121228.13826021::1001::MDB-PRD-BUL-20121228.13826021::secretary@lojban.org::122634 X-SMHeaderMap: mid="X-MailingID" X-Destination-ID: secretary@lojban.org X-SMFBL: c2VjcmV0YXJ5QGxvamJhbi5vcmc= Content-Transfer-Encoding: 7bit Content-Type: multipart/alternative; boundary="----=_NextPart_214_E14F_48CFA95F.12CABDA7" x-subscriber: rAbWeDFG5+gJOD/umQ5uzVNM3kIdTDaV X-AccountCode: USIRS Errors-To: info99@service.govdelivery.com Reply-To: Exempt Organization Update MIME-Version: 1.0 Message-ID: <1356708904450.502501.146533060.bulletin.irs@service.govdelivery.com> Subject: Exempt Organization Update Date: Fri, 28 Dec 2012 09:37:36 -0600 To: secretary@lojban.org From: Exempt Organization Update X-Spam-Score: -0.4 (/) X-Spam_score: -0.4 X-Spam_score_int: -3 X-Spam_bar: / ------=_NextPart_214_E14F_48CFA95F.12CABDA7 Content-Type: text/plain; charset="UTF-8" Content-Disposition: inline Content-Transfer-Encoding: quoted-printable [ http://content.govdelivery.com/bulletins/gd/USIRS-62d0c8?reqfrom=3Dshar= e ] IRS.gov Banner=20 EO Update: e-News for Charities and Non-Profits December 28, 2012=20 =20 Useful Links: IRS.gov [ http://www.irs.gov/ ] Charities and Nonprofits=20 Homepage [ http://www.irs.gov/charities/index.html ] EO FAQs [ http://www.irs.gov/Charities-&-Non-Profits/Frequently-Asked-Que= stions-about-Tax-Exempt-Organizations ] EO Forms and Publications [ http://www.irs.gov/Charities-&-Non-Profits/EO= -Forms-and-Publications ] EO Newsletter [ http://www.irs.gov/Charities-&-Non-Profits/Current-Editio= n-of-Exempt-Organizations-Update ] Life Cycle [ http://www.irs.gov/Charities-&-Non-Profits/Life-Cycle-of-an-= Exempt-Organization ] ________________________________________________________________________ Upcoming Events: EO Calendar of Events [ http://www.irs.gov/Charities-&-Non-Profits/Calend= ar-of-Events ] ________________________________________________________________________ IRS Resources Compliance & Enforcement [ http://www.irs.gov/compliance/index.html ] Contact My Local Office [ http://www.irs.gov/localcontacts/index.html ] e-file [ http://www.irs.gov/efile/index.html ] Forms & Pubs [ http://www.irs.gov/formspubs/index.html ] Frequently Asked Questions [ http://www.irs.gov/faqs/index.html ] News [ http://www.irs.gov/newsroom/index.html ] Taxpayer Advocacy [ http://www.irs.gov/advocate/index.html ] Where to File [ http://www.irs.gov/file/index.html ] ________________________________________________________________________ =20 Issue Number:=C2=A0=C2=A0=C2=A02012-20 Inside This Issue * IRS and Treasury issue final regulations on the fee on certain issuer= s and plan sponsors [ #First ]=20 * Proposed regulations issued on Net Investment Income Tax [ #Second ]=20= * Proposed regulations issued on Additional Medicare Tax [ #Third ]=20 * Tax preparers must renew their PTINs and those required to take the R= TRP test should schedule it as soon as possible [ #Fourth ]=20 * IRS offers tips for year-end giving [ #Fifth ]=20 * Online tool to search charities and other nonprofits [ #Sixth ]=20 * Regulations for Type III supporting organizations [ #Sixth ]=20 * Happy New Year! [ #Eighth ]=20 ________________________________________________________________________ *=C2=A0=C2=A01.=C2=A0=C2=A0*IRS and Treasury issue final regulations on t= he fee on certain issuers and plan sponsors** ___________________________= _____________________________________________ The IRS and Department of Treasury have issued final regulations [ http:/= /www.gpo.gov/fdsys/pkg/FR-2012-12-06/pdf/2012-29325.pdf ] on the fee impo= sed by the Patient Protection and Affordable Care Act on issuers of speci= fied health insurance policies and plan sponsors of applicable self-insur= ed health plans to fund the Patient-Centered Outcomes Research Trust Fund= . The final regulations provide guidance on the policies and plans that are= subject to the fee. The final regulations also provide guidance on the requirements for calcu= lating, reporting, and paying the fee. Issuers and plan sponsors must file Form 720, "Quarterly Federal Excise T= ax Return", once a year on July 31 of the calendar year following the las= t day of the policy year or plan year to report and pay the fee. The fee applies for policy and plan years ending on or after October 1, 2= 012, and before October 1, 2019. Back to Top [ #Fifteenth ] ________________________________________________________________________ *=C2=A0=C2=A02.=C2=A0=C2=A0*Proposed regulations issued on Net Investment= Income Tax** ___________________________________________________________= _____________ A new Net Investment Income Tax goes into effect starting in 2013. The 3.= 8 percent Net Investment Income Tax applies to individuals, estates and t= rusts that have certain investment income above certain threshold amounts= . The IRS and the Treasury Department have issued proposed regulations [ ht= tp://www.gpo.gov/fdsys/pkg/FR-2012-12-05/pdf/2012-29238.pdf ] on the Net = Investment Income Tax. Comments may be submitted electronically, by mail = or hand delivered to the IRS.=20 For additional information on the Net Investment Income Tax, see question= s and answers [ http://www.irs.gov/uac/Newsroom/Net-Investment-Income-Tax= -FAQs ]. Question 6 specifies the types of trusts =E2=80=93 including cha= ritable trusts =E2=80=93 that are not subject to the tax. Back to Top [ #Fifteenth ] ________________________________________________________________________ *=C2=A0=C2=A03.=C2=A0=C2=A0*Proposed regulations issued on Additional Med= icare Tax** _____________________________________________________________= ___________ A new Additional Medicare Tax goes into effect starting in 2013. The 0.9 = percent Additional Medicare Tax applies to an individual=E2=80=99s wages,= Railroad Retirement Tax Act compensation and self-employment income that= exceeds a threshold amount based on the individual=E2=80=99s filing stat= us. The threshold amounts are: * $250,000 for married taxpayers who file jointly=20 * $125,000 for married taxpayers who file separately=20 * $200,000 for all other taxpayers=20 An employer is responsible for withholding the Additional Medicare Tax fr= om wages or compensation it pays to an employee in excess of $200,000 in = a calendar year.=20 The IRS and the Treasury Department have issued proposed regulations [ ht= tp://www.gpo.gov/fdsys/pkg/FR-2012-12-05/pdf/2012-29237.pdf ] on the Addi= tional Medicare Tax. Comments may be submitted electronically, by mail or= hand delivered to the IRS. For additional information on the Additional Medicare Tax, see our questi= ons and answers [ http://www.irs.gov/Businesses/Small-Businesses-&-Self-E= mployed/Questions-and-Answers-for-the-Additional-Medicare-Tax ]. Back to Top [ #Fifteenth ] ________________________________________________________________________ *=C2=A0=C2=A04.=C2=A0=C2=A0*Tax preparers must renew their PTINs and thos= e required to take the RTRP test should **schedule it as soon as possible= ** ______________________________________________________________________= __ The Internal Revenue Service reminds professional tax return preparers to= renew their Preparer Tax Identification Numbers (PTINs) if they plan to = prepare returns in 2013. Current PTINs expire Dec. 31, 2012. Read the IRS= news release [ http://www.irs.gov/uac/Newsroom/Renew-PTINs-for-2013,-Tak= e-the-RTRP-Test-if-Required ]. Anyone who prepares or helps prepare all or substantially all of a federa= l tax return, claim for refund or other federal forms for compensation mu= st have a valid PTIN. All enrolled agents also must have a PTIN. Tax prof= essionals can obtain or renew their PTINs at www.irs.gov/ptin [ http://ww= w.irs.gov/ptin ].=20 For more information, go to the EO PTIN page [ http://www.irs.gov/Chariti= es-&-Non-Profits/Charitable-Organizations/Information-for-Exempt-Organiza= tions-Tax-Preparers ]. *End of year PTIN system downtime* The PTIN system will be down on the following dates and times due=C2=A0to= end of year maintenance, according to the IRS Return Preparer Office: * Sunday, December 30, from 1 a.m. to 7 a.m. (partial outage). The syst= em will be unable to process new registrations, but will be open for rene= wals and test appointments.=20 * Monday, December 31, through mid-day on Wednesday, January 2=C2=A0(co= mplete outage). The system will be unable to process any new registration= s or renewals or test appointments.=20 Back to Top [ #Fifteenth ] ________________________________________________________________________ *=C2=A0=C2=A05.=C2=A0=C2=A0*IRS offers tips for year-end giving** _______= _________________________________________________________________ Individuals and businesses making contributions to charity should keep in= mind some key tax provisions that have taken effect in recent years, esp= ecially those affecting donations of clothing, household items and moneta= ry donations. Read the IRS news release [ http://www.irs.gov/uac/Newsroom/IRS-Offers-Ti= ps-for-Year-End-Giving-2012 ]. Also read =E2=80=9CSeason of Giving=E2=80=9D tax tips [ http://www.irs.go= v/uac/Newsroom/IRS-Offers-Tax-Tips-for-=E2=80=9CThe-Season-of-Giving=E2=80= =9D ] covering everything from charity donations to refund planning. Before making a donation, read the IRS news release [ http://www.irs.gov/= uac/Beware-of-Hurricane-Sandy-Scams ] on possible scams involving disaste= rs like Hurricane Sandy and the Dirty Dozen Tax Scams for 2012 [ http://w= ww.irs.gov/uac/IRS-Releases-the-Dirty-Dozen-Tax-Scams-for-2012 ]. Back to Top [ #Fifteenth ] ________________________________________________________________________ *=C2=A0=C2=A06.=C2=A0=C2=A0*Online tool to search charities and other non= profits** _______________________________________________________________= _________ Learn how to search for charities and other nonprofits using the IRS onli= ne tool called Select Check in this new YouTube video [ http://www.youtub= e.com/watch?v=3Ddvn_qBqXy_c ]. Watch this and other videos on the IRS YouTube Channel [ http://www.youtu= be.com/irsvideos ]. Back to Top [ #Fifteenth ] ________________________________________________________________________ *=C2=A0=C2=A07.=C2=A0=C2=A0Regulations for Type III supporting organizati= ons* ____________________________________________________________________= ____ The IRS has issued final regulations [ http://www.gpo.gov/fdsys/pkg/FR-20= 12-12-28/pdf/2012-31050.pdf ], and temporary regulations, regarding the r= equirements to qualify as a Type III supporting organization. The IRS als= o issued a Notice of Proposed Rulemaking [ http://www.gpo.gov/fdsys/pkg/F= R-2012-12-28/pdf/2012-31046.pdf ] cross-referencing the new temporary reg= ulations.=C2=A0Written or electronic comments and requests for a public h= earing must be received by March 28, 2013.=C2=A0 Back to Top [ #Fifteenth ] ________________________________________________________________________ *=C2=A0=C2=A08.=C2=A0=C2=A0*Happy New Year!** ___________________________= _____________________________________________ EO wishes everyone a happy, safe and productive 2013. Back to Top [ #Fifteenth ] ________________________________________________________________________ *Copyright Notice* This is a work of the U.S. Government and is not subject to copyright pro= tection in the United States. IRS Exempt Organizations encourages readers= to reuse these articles in their own organization publications and websi= tes and thereby help disseminate the information beyond the scope of "EO = Update=E2=80=99s "subscribers. If you have a technical or procedural question relating to Exempt Organiz= ations, visit the Charities and Nonprofits [ http://www.irs.gov/eo ] home= page on the IRS.gov Web site. If you have a specific question about exempt organizations, call *EO Cust= omer Account Services at 1-877-829-5500*. Subscribe [ http://www.irs.gov/charities/article/0,,id=3D154837,00.html ]= to EO Update. This message was distributed automatically from the mailing list eo-updat= e. *Please Do Not Reply To This Message*. =20 ________________________________________________________________________ Update your subscriptions, modify your password or email address, or stop= subscriptions at any time on your Subscriber Preferences Page [ https://= public.govdelivery.com/accounts/USIRS/subscriber/new?preferences=3Dtrue ]= . You will need to use your email address to log in. If you have question= s or problems with the subscription service, please contact support@govde= livery.com. This service is provided to you at no charge by the Internal Revenue Serv= ice (IRS) [ http://www.irs.gov/ ]. ________________________________________________________________________ This email was sent to secretary@lojban.org by: Internal Revenue Service = (IRS) =C2=B7 Internal Revenue Service =C2=B7 1111 Constitution Ave. N.W. = =C2=B7 Washington DC 20535 Powered by GovDelivery [ http://www.govdeliver= y.com/portals/powered-by ] =0A ------=_NextPart_214_E14F_48CFA95F.12CABDA7 Content-Type: text/html; charset="UTF-8" Content-Disposition: inline Content-Transfer-Encoding: quoted-printable = Exempt Organization Update

3D'Bookmark

=
EO Update: e-News for Charities and Non-P= rofits December 28, 2012

Useful Links:

IRS.g= ov

Charities and Nonprofits
Homepage

EO FAQs

EO Forms and Publications=

EO N= ewsletter

Life Cycle=

Upcoming Events:

EO Calendar of Events

IRS Resources

Compliance & Enforcement

Contact My Local Office

e-file

Forms & Pubs

Frequently Asked Questions

News

Taxpayer Advocacy

Where to File

Issue Number:   2012-20

=

Inside This Issue=

  1. IRS and Treasury issue final regulations on the fe= e on certain issuers and plan sponsors
  2. Proposed regulations issued on Net Investment Inc= ome Tax
  3. Proposed regulations issued on Additional Medicare= Tax
  4. Tax preparers must renew their PTINs and those re= quired to take the RTRP test should schedule it as soon as possible <= /li>
  5. IRS offers tips for year-end giving
  6. Online tool to search charities and other nonprofi= ts
  7. Regulations for Type III supporting organizations<= /a>
  8. Happy New Year!
  1.  IRS and Treas= ury issue final regulations on the fee on certain issuers and plan sponso= rs=20

The IRS and Department of Treasury have issued final regulations on the fee imposed by = the Patient Protection and Affordable Care Act on issuers of specified he= alth insurance policies and plan sponsors of applicable self-insured heal= th plans to fund the Patient-Centered Outcomes Research Trust Fund.
=
The final regulations provide guidance on the policies and plans th= at are subject to the fee.

The final regulations also provide = guidance on the requirements for calculating, reporting, and paying the f= ee.

Issuers and plan sponsors must file Form 720, Quarterl= y Federal Excise Tax Return, once a year on July 31 of the calendar = year following the last day of the policy year or plan year to report and= pay the fee.

The fee applies for policy and plan years ending= on or after October 1, 2012, and before October 1, 2019.

Back to Top

  2.  Proposed reg= ulations issued on Net Investment Income Tax=20

A new Net Investment Income Tax goes into effect starting in 2013. The= 3.8 percent Net Investment Income Tax applies to individuals, estates an= d trusts that have certain investment income above certain threshold amou= nts.

The IRS and the Treasury Department have issued proposed regulations on the= Net Investment Income Tax. Comments may be submitted electronically, by = mail or hand delivered to the IRS.

For additional information= on the Net Investment Income Tax, see questions and answers. Question 6 specifies the typ= es of trusts – including charitable trusts – that are not sub= ject to the tax.

Back to Top

  3.  Proposed regu= lations issued on Additional Medicare Tax=20

A new Additional Medicare Tax goes into effect starting in 2013. The 0= .9 percent Additional Medicare Tax applies to an individual’s wages= , Railroad Retirement Tax Act compensation and self-employment income tha= t exceeds a threshold amount based on the individual’s filing statu= s.

The threshold amounts are:

  • $250,000 for married taxpayers who file jointly
  • $125,000 for married taxpayers who file separately
  • $200,000 for all other taxpayers

An employer is responsible for withholding the Additional Medicare Tax= from wages or compensation it pays to an employee in excess of $200,000 = in a calendar year.

The IRS and the Treasury Department have = issued proposed regul= ations on the Additional Medicare Tax. Comments may be submitted elec= tronically, by mail or hand delivered to the IRS.

For addition= al information on the Additional Medicare Tax, see our questions and answers.

Back to Top

  4.  Tax preparer= s must renew their PTINs and those required to take the RTRP test should = schedule it as soon as possible=20=

The Internal Revenue Service reminds professional tax return preparers= to renew their Preparer Tax Identification Numbers (PTINs) if they plan = to prepare returns in 2013. Current PTINs expire Dec. 31, 2012. Read the = IRS news release.

Anyone who prepares or helps prepare a= ll or substantially all of a federal tax return, claim for refund or othe= r federal forms for compensation must have a valid PTIN. All enrolled age= nts also must have a PTIN. Tax professionals can obtain or renew their PT= INs at www.irs.gov/ptin.

For more information, go to the EO PTIN page.

End of year PTIN system downtime

The PTIN system will be down on the following dates and times due = ;to end of year maintenance, according to the IRS Return Preparer Office:=

  • Sunday, December 30, from 1 a.m. to 7 a.m. (partial outage). The syst= em will be unable to process new registrations, but will be open for rene= wals and test appointments.
  • Monday, December 31, through mid-day on Wednesday, January 2 (co= mplete outage). The system will be unable to process any new registration= s or renewals or test appointments.

Back to Top

  5.  IRS offers ti= ps for year-end giving=20

Individuals and businesses making contributions to charity should keep= in mind some key tax provisions that have taken effect in recent years, = especially those affecting donations of clothing, household items and mon= etary donations.

Read the IRS news release.

Also read “Season of Giving” tax tips covering= everything from charity donations to refund planning.

Before = making a donation, read the IRS news release on possible scams involving disasters like Hurricane= Sandy and the Dirty Dozen Tax Scams for 2012.

Back to Top

  6.  Online tool t= o search charities and other nonprofits=20

Learn how to search for charities and other nonprofits using the IRS o= nline tool called Select Check in this new YouTube video.

Watch this and other videos on the IRS YouTube Channel.

Back to Top

  7.  Regulations for Typ= e III supporting organizations=20

The IRS has issued final regulations, and temporary regulations, regarding the requirem= ents to qualify as a Type III supporting organization. The IRS also issue= d a Notice of Propose= d Rulemaking cross-referencing the new temporary regulations. Wr= itten or electronic comments and requests for a public hearing must be re= ceived by March 28, 2013. 

Back to Top

  8.  Happy New Ye= ar!=20

EO wishes everyone a happy, safe and productive 2013.

Back to Top

Copyright Notice
This is a work of the U.S. Gove= rnment and is not subject to copyright protection in the United States. I= RS Exempt Organizations encourages readers to reuse these articles in the= ir own organization publications and websites and thereby help disseminat= e the information beyond the scope of EO Update’s subscrib= ers.

If you have a technical or procedural question relating to Exempt Orga= nizations, visit the Charities and Nonprofits homepage on the IRS.gov Web s= ite.

If you have a specific question about exempt organizations, call EO Customer Account Services at 1-877-829-5500.

Subscribe to EO Update.

This message was distributed automatically from the mailing list eo-up= date. Please Do Not Reply To This Message.

Update your subscriptions, modify your p= assword or email address, or stop subscriptions at any time on your Subscriber Preferences Pag= e. You will need to use your email address to log in. If you have que= stions or problems with the subscription service, please contact support@govdelivery.com.

This service is provided to you at no ch= arge by the Internal Revenue Service (IRS).

This email was sent to secretary@lojban.org by: Internal Revenue Ser= vice (IRS) · Internal Revenue Service · 1111 Constitution A= ve. N.W. · Washington DC 20535
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