Thinking About Borrowing from “Your” Charity? Think Again
Earlier this month, the Fed raised the federal funds rate for the first time in three years. Inflation remains high relative to the Fed’s target rate. Energy costs continue their upward trend. The...
View Article[Video] Starting a Nonprofit: What Every Business Leader Should Know
Launching a nonprofit organization can be a powerful way to advance a mission, address community needs, and create lasting impact. However, forming and operating a nonprofit involves unique legal,...
View ArticleClient Alert: U.S. Tax Court Upholds Excise Tax Liability for Excess Benefit...
On September 24, 2026, the U.S. Tax Court held in Jagannath v. Commissioner, Tax Court Memorandum Opinion 2026-92, that the president of a Section 501(c)(3) organization engaged in an excess benefit...
View ArticleMission Locked: Why Life Sciences Companies Should Consider the Public...
In 2015, Turing Pharmaceuticals (“Turing”) acquired the rights to Daraprim, a life-saving antiparasitic drug. Under Martin Shkreli’s leadership, Turing raised Daraprim’s price overnight from $13.50 to...
View ArticleIRS proposes new nondiscrimination requirement as a condition of federal...
On September 4, 2026, the Treasury Department and the Internal Revenue Service (IRS) published in the Federal Register proposed regulations that would establish an explicit nondiscrimination...
View ArticleClient Alert: IRS Issues Private Letter Ruling 202639013 Exempting...
On September 25, 2026, the Internal Revenue Service (IRS) issued private letter ruling (PLR) 202639013 ruling on IRC §6033 and Treasury Regulation §1.6033 exempting a church-affiliated educational...
View ArticleDOL Opinion Letters Clarify Rules on Meal Breaks, Tip Pooling, and Employee...
The U.S. Department of Labor’s (DOL) Wage and Hour Division recently issued three opinion letters addressing meal periods, tip pooling, and volunteer arrangements under the Fair Labor Standards Act...
View ArticleSit. Stay. Get Paid? DOL Addresses Whether Nonprofit Employees Can Volunteer...
Most wage-and-hour opinion letters are not particularly adorable. This one is. In a recent opinion letter, the U.S. Department of Labor (DOL) addressed whether employees of a nonprofit organization...
View ArticleClient Alert: U.S. Department of Justice Sides with Religious Groups in...
On April 28, 2026, the U.S. Department of Justice (DOJ) filed its brief as defendants-appellees in the U.S. Court of Appeals for the Fifth Circuit in National Religious Broadcasters v. Bessent, No....
View Article[Event] October Bridge Series - October 1st, Covington, KY
What does it take to turn a vision into something that makes a difference? Join us at SparkHaus for our next Bridge Series with local leaders who are doing just that—building organizations, creating...
View ArticleTreasury and IRS Issue Proposed Regulations that Threaten the Tax-Exempt...
On September 3, 2026, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued proposed regulations (“Proposed Regulations”) that provide that a “private school” is...
View ArticleDollars and (a) Sense (of Purpose)
For professionals who work with or near family and individual wealth, dollars are rarely just dollars. Those assets may represent a lifetime of work, a family business built over generations, an...
View ArticleConsiderations for Administrators of Non-ERISA Governmental & Church Plans
Administrators of governmental plans and church plans that are not subject to the Employee Retirement Income Security Act of 1974 (ERISA) should review the following actions to be taken before the end...
View Article[Webinar] Nationwide Charitable Registrations: Fact vs. Fiction - September...
Online fundraising does not automatically trigger nationwide charitable solicitation registration requirements for nonprofits. For example, many misconceptions persist about whether “Donate Now”...
View ArticleConsiderations for General Counsel of Tax-Exempt and Governmental Entities
The following checklist highlights key issues for general counsel with respect to employee benefit plans and executive compensation arrangements....By: Williams Mullen
View ArticleTreasury and IRS Proposes New Rule on Racial Nondiscrimination: Impacts on...
The proposed rule would make private schools, colleges, and universities ineligible for tax-exemption under section 501(c)(3) if they discriminate on the basis of race, color, or national or ethnic...
View ArticleTreasury and IRS Propose Racial Nondiscrimination Regulations for Private...
On September 4, 2026, the U.S. Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “IRS”) published proposed regulations (the “Proposed Regulations”) that would revoke the...
View ArticleIs Your Non-Profit Considering Employee Volunteer Opportunities? Here’s What...
This Labor Day brought good news for puppies and non-profits nationwide. A new opinion letter from the Department of Labor (DOL) provides some clarity to the inconsistent federal case law addressing...
View ArticleDOL Says Employees of Nonprofit Can Perform Unrelated Volunteer Duties
Under the Fair Labor Standards Act, employees of for-profit companies cannot "volunteer" to provide additional uncompensated work. The rules are a little different for nonprofit organizations. In a...
View Article[Video] Nonprofit Rules of the Road in Election Activity
Nonprofits are playing an increasingly visible role in shaping elections, but the overlapping rules of federal tax law and state campaign finance requirements can make even seasoned advocates hesitant...
View Article![VA - Give Me Disco - Vol 2 (Selected by DJ Kobayashi) (2026) [Hi-Res]](http://www.dibpic.com/uploads/posts/2026-10/1790963100_cover.jpg)
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