1-Hour Program

See Credit Details Below


The Internal Revenue Service is scheduled to receive significant funding for its operations - $80 billion over ten years has been approved and President Biden’s 2024 budget request asks Congress to appropriate $14.1 billion for the agency in fiscal year 2024.  Practitioners and the nonprofit sector should anticipate some extraordinary developments.

Faculty will:

  • Provide an overview of the nature and status of the IRS reorganization mandated by the Taxpayer First Act – 10 minutes
  • Discuss how the IRS approaches the allocation of funds within the agency and the challenges presented by the Tax Exempt and Government Entities function and the Exempt Organizations component in particular – 5 minutes
  • Review the IRS report on its administration and enforcement efforts in FY 2022 with regard to tax-exempt organizations – 10 minutes
  • Discuss the components of the FY 2023 Program Letter applicable to tax-exempt organizations – 10 minutes
  • Identify and discuss anticipated technical issues with a potential to impact the tax-exempt sector in the coming year, including what IRS developments with regard to crypto currencies might mean for tax-exempt organizations and the potential impact of the impending end of the COVID-19 medical public health emergency – 25 minutes


Who Should Attend:  In-house counsel, outside attorneys, practitioners in the nonprofit sector, accountants, finance and other allied professionals interested in what IRS developments might mean for tax-exempt organizations

Program Level: Update

Prerequisites: None

Advanced Preparation: None



Marcus S. Owens

Loeb & Loeb LLP


Credit Details

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