Recent Developments For Tax-Exempt Organizations/Nonprofits
As tax-exempt organizations continue to navigate the COVID landscape, they should be cognizant of a number of recent non-COVID-related changes that could materially impact their operations. ...By:...
View ArticlePotential Legal Frameworks for DAOs
An interesting and thoughtful whitepaper called “A Legal Framework for Decentralized Autonomous Organizations” was co-authored by a general counsel of one of the major venture investors in the...
View ArticleAn Athlete's Guide to Philanthropy, Nonprofit Organizations, and Community...
As discussed in prior articles, there are several options for tax-incentivized giving, ranging from the informal and low-involvement to complex and highly involved structures. Many choose to adopt a...
View ArticleAn Athlete's Guide to Philanthropy, Nonprofit Organizations, and Community...
The world is increasingly a global community, and this phenomenon is equally visible in sports as in the business and social arenas. With professional sports leagues spanning national borders in Major...
View ArticleTo Give Or Not To Give, That Is The Question: New York State’s Rules on...
Recently, we’ve witnessed a mass exodus from New York State as a result of the COVID-19 pandemic. Some movers yearn for warmer weather, others for more reasonable Covid policies, and others simply seek...
View ArticleNew York Not-for-Profit Corporation Legislative Update
The nonprofit sector received welcome news last week as Governor Hochul signed two pieces of important legislation: (i) S4817a/A1141a which repeals recently-enacted and redundant state filing...
View ArticleHUB Talks: Transparency, Unity, and Community with Elizabeth Jones, founder...
On this episode of Sustainable Outlook, Elizabeth Crouse of K&L Gates speaks with Elizabeth Jones on The Equality Equation’s mission to facilitate economic equality by developing impoverished...
View ArticleIRS Releases Guidance on Requirements for Limited Liability Companies to...
On October 21, 2021, the Internal Revenue Service (the “IRS”) released Notice 2021-56 (the “Notice”), which sets forth the additional requirements a limited liability company (“LLC”) must satisfy to...
View ArticlePublic Announcement of Revocations in the IRB
Exempt Organizations Examinations expects to publish in the Internal Revenue Bulletin (“IRB”) public announcements concerning the previous revocation of exempt status for 77 organizations. These...
View ArticleFederal Grant-making Program to Support Energy Efficiency Upgrades by Nonprofits
A pilot grant-making program providing federal grants to support nonprofits in making energy efficiency upgrades to their facilities was included in the Infrastructure Investment and Jobs Act that...
View ArticleFederal Grant-making Program for Nonprofits Supporting Minority Businesses
A grant-making program providing federal grants to support nonprofits providing services to minority business enterprises was included in the Infrastructure Investment and Jobs Act that President Biden...
View ArticleNew York AG's Suit To Dissolve NRA Highlights Critical Reminders for...
New York's Attorney General is suing to dissolve the National Rifle Association (NRA) based upon what the AG alleges are repeated violations of state laws regulating nonprofit corporations. The...
View ArticleSpecialist Disability Accommodation – An overview
Specialist Disability Accommodation (SDA) forms the bricks and motor component of disability housing within the NDIS. The demand for this type has increased rapidly over the past decade and represents...
View ArticleIRS Revising Form 1024; New Technical Guides; Information for LLCs Applying...
IRS Revising Form 1024 to Allow for Electronic Submission - As part of an ongoing effort to improve service for the tax-exempt community, the IRS is revising Form 1024, Application for Recognition of...
View ArticleNew York State Legislative Developments For Tax-Exempt Organizations/Nonprofits
NY Executive Law 172-b Amendment: Repeal of NYS DOS Filing Requirements - Governor Hochul signed S4817a/A1141a into law on November 12, 2021. S4817a amended New York's Executive Law 172-b, repealing...
View ArticleThe deadline for verification of NGO’s is finally here.
The Written Laws (Miscellaneous Amendments) (No. 3) Act, 2019 amended the Section 17 of the Non-Governmental Organisations Act, 2002 (“the Act”) requiring registered non-governmental organisations...
View ArticleVolunteers May Work For Nonprofits Without Compensation
The California Court of Appeal has definitively resolved an issue that was until now somewhat ambiguous: Can volunteers in fact volunteer their time for nonprofit organizations without receiving pay or...
View ArticleUpdates Required for Nonprofit Whistleblower Policies Early New Year
Thanks to recently adopted amendments to New York State Labor Law Section 740 (effective January 26, 2022), that greatly expand the scope of the protections provided to employees under that law, New...
View Article[Video] Update and Discussion on Practical and Legal Issues - NYS Paid Sick...
Our weekly Business in 2021 series will continue to cover how the COVID-19 pandemic has changed the way we do business as well as other topics relevant in today’s business environment. Our 45-minute...
View ArticleNew York Not-for-Profits Can Permanently Embrace Virtual Meetings
Virtual member meetings for New York State not-for-profit and religious corporations, which were originally allowed as an exceptional circumstance, are now permitted permanently. New York had...
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