Therapeutic and Curative Training Is Not “Educational” Under the Dover Amendment
Deciding that the “primary and predominant” purpose of a behavioral skills program was the treatment of serious mental illness and not the teaching of “core life skills,” the Land Court rejected...
View ArticleYear End Tax Planning: Charitable Contributions
Tis the season for charitable giving. First, in order to claim a deduction for a contribution to a qualified charitable organization, a taxpayer must itemize deductions. Second, the contribution must...
View Article3 Facts You Must Know about a Tellers Report
For the sake of voters everywhere, I’d like to sing the praises of tellers: Being a good teller is plain old hard work, requiring the perfect mix of caution and confidence. Where and how does a teller...
View ArticleThe 2018 Federal Fall Economic Statement—Canada's Response to U.S. Tax Reform
Roughly one year after U.S. tax reform, the Department of Finance has introduced amendments to Canada's income tax laws aimed at encouraging investment in Canada. The proposed changes included in the...
View ArticleWrestling Over What’s “Reasonable”
What does it mean when a co-op’s proprietary lease or a condo’s bylaws state that “consent shall not be unreasonably withheld”? Is the Business Judgment Rule standard used? If not, what is the...
View ArticleDoes the GDPR Impact How Charitable Organizations Solicit Donors?
Six months after implementation of the European Union’s General Data Protection Regulation (“GDPR”), many charitable organizations are still struggling with compliance. Our pro bono clients frequently...
View ArticleJudicial Dissolution Proceeding against Donald J. Trump Foundation Withstands...
The Donald J. Trump Foundation, a private foundation incorporated in 1987, was formed “exclusively for charitable, religious, scientific, literary or educational purposes”, and as stated in the...
View ArticlePointers for Using Volunteers In and Around Your Association
As anyone involved in the community association industry knows, using volunteers is an important part of the efficient running of almost any Association, whether it be volunteer board members, other...
View ArticleIRS issues guidance for determining nondeductible amount of parking fringe...
WASHINGTON – The Internal Revenue Service today issued interim guidance regarding the treatment of qualified transportation fringe benefit expenses paid or incurred after Dec. 31, 2017. The new rules...
View ArticleMaximizing Year-End Charitable Gifts
One impact of the Tax Cuts and Jobs Act (TCJA), signed in to law at the end of 2017, was the doubling of the standard deduction. The TCJA increased the standard deduction to $24,000 for taxpayers...
View ArticleTax Law Changes Complicate Tax-Exempt Organizations’ Attempts to Calculate UBTI
Charities and other exempt organizations face higher taxes, more complex returns and tough investment decisions under new unrelated business income tax rules effective for 2018. Despite recent guidance...
View ArticleIRS Issues Guidance on UBTI for Parking Expenses and Other Qualified...
In Notice 2018-99, issued December 10, 2018 (the “Notice”), the IRS has provided interim guidance on determining the amount of unrelated business taxable income (“UBTI”) attributable to qualified...
View ArticleUnrelated Business Taxable Income from Employer-Provided Parking and Other...
Beginning on January 1, 2018, a tax-exempt organization that provides parking or other qualified transportation fringe benefits for its employees must treat its costs of providing those benefits as...
View ArticleDonors Must Dot All i’s, Cross All t’s When Making Year-End Charitable Gifts
As donors and their advisors rush to close year-end charitable gifts, it is easy to overlook the very precise requirements for income tax deductibility. Donors who fail to follow these rules may find...
View ArticleDoes The Business Judgment Rule Extend To A Board Interpretations?
The California Supreme Court has adopted a rule of deference to most decisions made by community association boards......By: Allen Matkins
View ArticleNonprofits Involved in Campaign Activity in Washington Must Now Disclose...
Washington’s DISCLOSE Act of 2018 will have a significant impact on nonprofit organizations involved in campaign-related activity. Effective January 1, 2019, nonprofits that are “incidental committees”...
View ArticleIs Nothing Sacred? ERISA Attacks Move From Church Plans to Government Plans
Having settled many of its attacks on pension plans sponsored by several large church-affiliated healthcare organizations, the plaintiff’s bar appears to be shifting focus to pension and welfare...
View ArticleInclusion of Qualified Transportation Fringe Benefits in UBTI: Guidance,...
December 10, 2018 saw significant activity with respect to Section 512(a)(7) of the Internal Revenue Code (the “Code”), which requires tax-exempt employers to increase their unrelated business taxable...
View ArticleNew Guidance For Nonprofits And The Tax On Parking And Public Transit Benefits
Two recent Treasury Notices provide interim guidance to nonprofits trying to calculate (or seeking to avoid) the tax they may have to pay for the provision of certain parking and public transit...
View ArticleNew Jersey Law Against Discrimination Protects Autism Non-Profit in Land...
The New Jersey Appellate Division, in a landmark ruling — Oasis Therapeutic Life Centers, Inc. v. Wade et al., (December 10, 2018) — upheld a real estate purchaser’s right to assert a claim under New...
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