FundSvcs Community

As you all know, I frequently (at least 3-4 times/year) check the IRS website for updates to publications I think are critical to our work and load the new versions to the download site. Publication 526 is nearly always updated annually. Today, when checking, I found a notice pertaining to Publication 526 indicating that "the 2018 revision of this publication has been delayed." Other than "posted soon" there is no indication as to how soon. Curiously, the IRS has simultaneously *removed* the previous version of 526. Happily, you may still find it at the download site. But do keep in mind that some of the information in that "old" version is going to be changed - perhaps to reflect changes in the law such as the end of the 80/20 rule now called the "no deduction whatsoever" rule. Anyway, the older version is there if you need it. BTW, other than Publication 970 which I uploaded a week ago, none of our other key publications have been updated - yet. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com 919.816.5903 (cell/text) Serving the Advancement Community Since 1987

Thanks for this update John! D. Darcy Law, bCRE, bCFE Cape Fear Community College Foundation Database & Accounting Coordinator dlaw@cfcc.edu w. 910-362-7712 *The Gift of Education is a Gift of a Lifetime!* *cfcc.edu/foundation <http://cfcc.edu/foundation/donate/>* On Sat, Feb 23, 2019 at 9:58 AM John Taylor <johntaylorconsulting@gmail.com> wrote: > As you all know, I frequently (at least 3-4 times/year) check the IRS > website for updates to publications I think are critical to our work and > load the new versions to the download site. > > Publication 526 is nearly always updated annually. Today, when checking, > I found a notice pertaining to Publication 526 indicating that "the > 2018 revision of this publication has been delayed." Other than "posted > soon" there is no indication as to how soon. > > Curiously, the IRS has simultaneously *removed* the previous version of > 526. Happily, you may still find it at the download site. But do keep in > mind that some of the information in that "old" version is going to be > changed - perhaps to reflect changes in the law such as the end of the > 80/20 rule now called the "no deduction whatsoever" rule. Anyway, the > older version is there if you need it. > > BTW, other than Publication 970 which I uploaded a week ago, none of our > other key publications have been updated - yet. > > John > > John H. Taylor > Principal, John H. Taylor Consulting > 2604 Sevier St. > Durham, NC 27705 > johntaylorconsulting@gmail.com > 919.816.5903 (cell/text) > > Serving the Advancement Community Since 1987 > -- E-mail correspondence to and from this address may be subject to the North Carolina Public Records Law and may be disclosed to third parties by an authorized state official. (NCGS.Ch.132)

John: Thanks for this. I've been waiting for the IRS Data Book annual update and expecting it to be late due to the government shutdown if nothing else. Michael [S&W_clr-small] Michael L. Wyland Sumption & Wyland 818 South Hawthorne Avenue Sioux Falls, South Dakota 57104-4537 (605) 336-0244 or (888) 4-SUMPTION Web site: http://www.sumptionandwyland.com LinkedIn Profile: http://www.linkedin.com/in/michaelwyland "I never considered a difference of opinion in politics, in religion, in philosophy, as cause for withdrawing from a friend." - Thomas Jefferson to William Hamilton, April 22, 1800 From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of John Taylor Sent: Saturday, February 23, 2019 8:58 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: [FUNDSVCS] IRS Publication 526 Status As you all know, I frequently (at least 3-4 times/year) check the IRS website for updates to publications I think are critical to our work and load the new versions to the download site. Publication 526 is nearly always updated annually. Today, when checking, I found a notice pertaining to Publication 526 indicating that "the 2018 revision of this publication has been delayed." Other than "posted soon" there is no indication as to how soon. Curiously, the IRS has simultaneously removed the previous version of 526. Happily, you may still find it at the download site. But do keep in mind that some of the information in that "old" version is going to be changed - perhaps to reflect changes in the law such as the end of the 80/20 rule now called the "no deduction whatsoever" rule. Anyway, the older version is there if you need it. BTW, other than Publication 970 which I uploaded a week ago, none of our other key publications have been updated - yet. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987