The National Taxpayer Advocate Continues to Criticize the 1023-EZ

In mid-July, the National Taxpayer Advocate’s office released the Fiscal Year 2016 Objectives Report to Congress, in which the National Taxpayer Advocate, Nina Olson, continued to criticize the use of the Form 1023-EZ to obtain 501(c)(3) status.  If you take nothing else from her report, you should read this statement summarizing her opinion of the current iteration of the 1023-EZ: “Because Form 1023-EZ does not require applicants to provide supporting documentation or substantiation, but only to attest they qualify for exempt status, the IRS has in effect relinquished its power to educate and regulate taxpayers before it confers exempt status.”

Read more: The National Taxpayer Advocate Continues to Criticize the 1023-EZ

Cautionary Tale - Liability for Breach of Fiduciary Duties

A recent decision by the 3rd Circuit Court of Appeals is raising some eyebrows and hopefully causing some directors and officers of nonprofit corporations to think twice before taking a casual approach to their duties.  The Court in In re: Lemington Home for the Aged upheld a jury verdict that found fifteen former directors jointly and severally liable for $2.25 million dollars for breach of fiduciary duties, and imposed punitive damages of $1 million and $750k against the two former officers. 

Read more: Cautionary Tale - Liability for Breach of Fiduciary Duties

Federal Tax Exemption and Sports Organizations

Almost everyone intersects at some point in their life with a nonprofit organization that provides access to opportunities for children or adults to learn and play sports.  As many folks may be aware due to recent media coverage, even the NFL is a nonprofit organization (a 501(c)(6) organization, which covers organizations like business leagues and chambers of commerce).  How (and whether) these organizations qualify as tax-exempt depends on the specific activities of the organization. 

Read more: Federal Tax Exemption and Sports Organizations

Campaign Finance Board Dismisses ALEC Complaint

Today the Minnesota Campaign Finance and Public Disclosure Board (MNCFPDB) released its findings of the investigation into ALEC, based on a 2012 complaint.

Read more: Campaign Finance Board Dismisses ALEC Complaint

1st Annual Robertson Law Office Santa Lawyer Contest

Instead of sending out holiday cards, I prefer to give a contribution in honor of my clients to a local organization.  Last year, I chose that organization myself – this year, you get to help me!  Beginning on December 1st, I will be taking recommendations via my Twitter account (@RLOonNonprofits) of organizations that you think are worthy of my donation this year.  I will also be posting pictures daily (mostly) with holiday themed items that I own, wear, etc. for purposes of indicating my self-proclaimed status as Santa Lawyer.  The rules:

Read more: 1st Annual Robertson Law Office Santa Lawyer Contest

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