Belgian Code on Companies and Associations: A practical handbook on the new law
The new Belgian Code on Companies and Associations enters into force on 1 May 2019. The Belgian Code on Companies and Associations (the "BCCA"), enacted by the Belgian parliament on 28 February 2019,...
View ArticleKey California Employment Law Cases: March 2019
This month’s key employment law cases address the religious organization exemption under Title VII of the Civil Rights Act and arbitration agreements....By: Payne & Fears
View ArticleThree Tips to Help You File a More Complete Form 990-Series Return
A tax-exempt organization using the calendar-year as its tax year must file a Form 990-series return by May 15th, unless it has filed Form 8868, Application for Automatic Extension of Time To File an...
View ArticleClarification to EO Update issued May 6, 2019
“Issue 1” in yesterday’s EO Update stated that organizations should report their correct organization type. The IRS wishes to clarify that the intent of this tip was to remind filers to accurately and...
View ArticleEmployer CCPA FAQs #8: Does the CCPA apply to non-profit employers?
As our series of FAQs regarding the California Consumer Privacy Act (“CCPA”) continues we are examining the scope of the law’s jurisdiction. These FAQs should help employers determine if they are...
View ArticleEmployers’ Most Frequently Asked Questions About the California Consumer...
Question 4: Does the CCPA apply to non-profits? Generally, no. The CCPA applies only to “businesses” – a term that is defined, in relevant part, as including “any legal entity that is organized or...
View Article[Video] Daily Compliance News: May 12, 2019, the Sunday Book Review Edition
In today’s edition of Daily Compliance News: The Unnamable Present. The Ghosts of Gold Mountain? The history of publishing, in 3 book reviewed in the FT. Ponzi’s Scheme...By: Thomas Fox
View ArticleTimely Actions – Highly Compensated Excise Tax Deadline Imminent
As an update on an important matter that we raised during McDermott’s May 8 Tax Symposium, it is critical to promptly assess whether to report any excise taxes imposed under Section 4960 as the...
View ArticleNo Taxation With Religious Invocation: Seventh Circuit’s Decision to Impact...
In Gaylor v. Mnuchin, the Seventh Circuit Court of Appeals recently held that a tax code exemption for religious housing of ministers does not violate the Establishment Clause of the First Amendment of...
View Article[Video] Daily Compliance News: May 20, 2019, Compliance Week 2019 is here...
In today’s edition of Daily Compliance News: • So many myths, so little time. The FT lunches with Codruta Kövesi. (FT) • Red flags on Trump and Kushner? I’m shocked. (New York Times) • Government...
View ArticleRecent Changes to the Taxation of Exempt Organizations Under the TCJA
The 2017 Tax Cuts and Jobs Act (TCJA) resulted in significant changes for taxpayers, and exempt organizations are no exception. As a result of the new IRC § 512(a)(6), tax exempt organizations are no...
View ArticleTrouble in Paradise: Redevelopment of Golf Courses in a Changing Market
Buying a home with a view of the 18th green is a major step, and can be a considerable investment. That investment, both financial and emotional, can be shaken when a developer proposes to build a...
View ArticleOregon Enacts New Corporate Activities Tax
On May 16, 2019, Oregon Governor Kate Brown signed into law HB 3427 (the Bill), which creates a new Corporate Activities Tax. The tax is a gross receipts tax that will be used to establish the “Fund...
View ArticleThere Is No More Money in the Arts, but Local Governments May Have...
The Supreme Court of North Carolina recently held in Meinck vs. City of Gastonia that a city’s lease to a non-profit arts group in connection with a downtown revitalization project was a “governmental...
View ArticleGuide To Nonprofit Governance 2019
Not-For-Profit Governance and “Best Practices” - Not-for-profit organizations play a significant role in our society by undertaking and providing funding for projects that benefit the greater good....
View ArticleExemptions to H-1B Cap May Lead to Jackpot Without Winning Lottery
As another H-1B cap season comes and goes, tens of thousands of hopeful employers and employees will again be informed that their H-1B visa petitions were not among the 85,000 selected in USCIS’s...
View ArticleCorporate Law & Governance Update - May 2019
IMPORTANT BOARD COMPOSITION DEVELOPMENT - The board’s nominating committee will benefit from an overview of The Conference Board’s important new survey on board composition, turnover and refreshment....
View ArticleHealthy Workplace Discussions About Diversity, Part 1: Remembering why we...
This is the first in a series of short articles I’ll be sharing over the coming months to encourage healthy public discussion, especially among lawyers, regarding the reasons we support and need...
View ArticleIsraeli Registrar of Amutot Presents a New Policy – Certificate of Proper...
The Israeli Registrar of Amutot and Dedications has changed its policy on the granting of certificates of proper management to Amutot and public benefit companies (PBC). From now on, any Amutot and PBC...
View ArticleTax-Exempt Organizations Operating in Connecticut are Subject to...
Connecticut is one of many states that imposes a corporate income tax on the unrelated business taxable income of tax-exempt organizations. Tax-exempt organizations subject to this tax include...
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