Nonprofit & Charitable Organizations

Our tax team provides charitable and other nonprofit organizations with comprehensive advice on a variety of tax issues. With our guidance, we help these entities operate successfully in this increasingly complicated, regulated and competitive environment.

We serve our clients in the following areas:

  • Establishment of nonprofit organizations and IRS recognition of appropriate exemptions
  • Advice and guidance on initial and annual compliance with federal and applicable state tax laws, including the review of annual returns required to be filed with federal and state governments
  • Form 990 and Form 990-PF annual reporting
  • Tax classification issues, including publicly-supported charities and supporting organizations
  • Private inurement and private benefit
  • Excess benefit transactions, including executive compensation
  • Unrelated business income tax issues
  • Private foundation issues, such as self-dealing, taxable expenditures, excess business holdings, minimum distributions, tax on net investment income and jeopardy investments
  • State and local tax issues including property tax exemption

We often advise clients with respect to tax-exempt fundraising and financing and on regulations governing private foundations, including self-dealing, jeopardy investment and excess business holding rules as well as the rules on domestic and foreign grant making. We also assist clients in the restrictions on lobbying and political activities.

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