Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Resources of the Week.
Notable Nonprofit Posts, Articles, & Other Resources:
Running the Advocacy Race: Bolder Advocacy’s Top Resources for an Impactful 2024 Election Season (Natalie Roetzel Ossenfort, Alliance for Justice)
The following are just some of the many highlights from the 2024 Western Conference on Tax Exempt Organizations (WCTEO). Because of a change in the timing of the WCTEO from late fall to late winter, there was no conference in 2023, but that gave us a few more months of developments and events to discuss.
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Resources of the Week.
Notable Nonprofit Posts, Articles, & Other Resources:
They Could Decide the 2024 Election. If They Vote. (Marcela Valdes, NY Times)
Supreme Court offers possible road map for schools to diversify top programs (Laura Meckler
This Week in Washington: House Energy and Commerce Committee Subcommittee on Health holds hearing on a range of legislation concerning public health programs, patient wellbeing and caregiver support; HHS and FTC request information on group purchasing organization and drug wholesaler business practices.
House
House Energy and Commerce Committee Subcommittee On Health Holds Hearing on Multiple
In the recent case of ES NPA Holding LLC v. Commissioner, the IRS argued that a profits interest can only be received tax-free by a service provider when the service is rendered directly to or for the benefit of the entity issuing the interest. The facts of the case are complicated, but in short, in the
This Week in Washington: Senate Finance Committee holds hearing on AI use in healthcare; CMS makes corrections to 2024 Hospital Outpatient Prospective Payment Rates; House passes ban on QALYs.
House
House Budget Committee Favorably Reports Dr. Michael C. Burgess Preventive Health Savings Act
On Feb. 6, the House Budget Committee marked up and reported out
Many taxpayers have art collections. However, the art collections of some high-net-worth individuals, family offices, and business taxpayers may draw the unwanted eye of the IRS. With the increased focus on auditing high-income taxpayers, large partnerships, and using increased staff and artificial intelligence will almost certainly increase the number of cases involving artwork. At the end of
This Week in Washington: CMS releases 2025 MA and Part D proposed payment Advance Notice; CMS sends first fair drug price offers to Drug Price Negotiation Program companies; SAMHSA releases final rule making virtual prescribing of buprenorphine permanent; Biogen pulls Aduhelm from market; Supreme Court to hear mifepristone case oral arguments on March 26.
Congress
The IRS issued a news release today announcing a continued and more focused use of Artificial Intelligence (AI) to audit partnerships, large corporations and alleged tax shelter promoters. The news release follows Commissioner Werfel’s recent comments that “complex structures and tax issues present in large partnerships require a focused approach to best identify the highest