By NEO Law Group
This is the third and last post we’ll publish on Georgetown Law’s 39th Annual Representing and Managing Tax-Exempt Organizations Conference featuring highlights from a number of sessions (mixed in some cases with my own thoughts). You can find our earlier posts here (IRS, Treasury, Capitol Hill) and here (Current Developments)....
Georgetown Law held its 39th Annual Representing and Managing Tax-Exempt Organizations Conference in-person and by livestream. Here are some of the highlights from the session on Key Current Developments presented by Jean Tom (Davis Wright Tremaine) and Ofer Lion (Seyfarth) with some of my notes and comments interspersed. Annual...
Georgetown Law held its 39th Annual Representing and Managing Tax-Exempt Organizations Conference in-person and by livestream on April 28-29, 2022. Here are some of the highlights from the sessions presented by representatives of the IRS, Treasury, and staffers on Capitol Hill: 2022 Message from the IRS Director, Exempt Organizations...
Nonprofits with compensated workers must respect applicable laws governing the distinction between employees and independent contractor. Getting it wrong can result in significant risk exposure to the organizations and even personal liability to board members. For example, nonprofits that misclassify workers as independent contractors may be responsible for unpaid...
Here are some of the highlights from the virtual ABA Exempt Organizations Committee meeting held on February, 2022 as part of the ABA 2022 Midyear Tax Meeting. News from the IRS and Treasury New “no rule area” for IRS (Rev Proc 2022-3): no rulings on whether an act of self-dealing...
We received two Internal Revenue Service reports of note in the first week of this new year: (1) the Tax Exempt and Government Entities Fiscal Year 2021 Accomplishments Letter; and (2) the Progress Update Fiscal Year 2021. Here are some excerpts from these reports: Highlights from the TE/GE Accomplishments...
The following are some of the highlights from the 2021 Western Conference on Tax Exempt Organizations (WCTEO), with recognition that these just touch the surface and you’ll get so much more by attending: Lessons from Headlines Donor Advised Funds: Accelerating Charitable Efforts Act (ACE Act) – probably unlikely to be passed...
In the past week, ConstitutionDAO raised over $45 million to bid for a first edition copy of the United States Constitution. Ultimately, they did not win the auction held by Sotheby’s on Thursday, but they put the power and influence of DAOs on the map with heavy national news...
The 25th Annual Western Conference on Tax-Exempt Organizations (WCTEO), my #1 go-to conference every year for the past 16 years, will be held virtually on Thursday, December 2, and Friday, December 3. You can register here. LMU Loyola Law School will hold its 25th-annual Western Conference on Tax Exempt Organizations with...
The joint Treasury and IRS 2021-2022 Initial Priority Guidance Plan was released on September 9, 2021. The Plan includes a work list of projects for the 12-month period ending June 30, 2022 but does not provide for any deadlines. The following are some of the key provisions for exempt...