The Nonprofit Law Prof Blog has reported that the IRS has announced it will be conducting audits of more than…
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Excess Benefit and Self-Dealing
New Tax Law Focus: Excise Tax Applies to Top-Tier Executive Compensation
This post continues our focus on the Tax Cuts and Jobs Act provisions that affect the tax-exempt sector. One such…
READ MORE Private Foundations and Compensation: Family Ties Can Lead to Problems
In the world of private foundations, it is not unusual to compensate related parties for services they provide to the…
READ MORE Jolie’s Board Departure Sparks Debate on Related-Party Transactions
Just this week, it was reported that Angelina Jolie stepped down from a nonprofit board due to her disagreement with payments…
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Private Foundations and Self-Dealing: Avoiding the Danger Zone
This is the first post in an ongoing series on private foundation issues. Check back in upcoming weeks as we…
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Amateur Sports Organization’s Fundraising Structure Leads to Revocation of Status
The Tax Court recently upheld the IRS’ revocation of exempt status of a 501(c)(3) organization formed for the purpose of…
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IRS Ruling on Same-Sex Marriage Has Implications for Nonprofits
On the heels of the Supreme Court decision in U.S. v. Windsor earlier this summer, the IRS has issued a…
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IRS Colleges and Universities Report, Part II: Exempts Should Take Another Look at Compensation Issues
This is part two of our post on the recently issued IRS final report for the Colleges and Universities Compliance…
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