IRS Announces Guidance Priorities for Exempt Organizations
Each year, the Internal Revenue Service issues a “Priority Guidance Plan” to announce the “tax issues that should be addressed through regulations, revenue rulings, revenue
Charity Embezzlement: Thwart It With Good Controls
In Charities and Embezzlement (August 19, 2016), we discussed what to do as soon as embezzlement or fraud is discovered; namely, report it to
New EEOC Reporting Duties for Large Nonprofits
One of the signature accomplishments of the Obama Administration was the 2009 passage of the Lilly Ledbetter Fair Pay Act. So, back in January 2016,
Congress Digs In On Huge College Endowments
“A not-so-old joke has it that Harvard is best thought of as a hedge fund with a university attached.” The fund in question is its
Update: Controversial Overtime Rules Temporarily Halted
UPDATE (11/22/16): A federal district judge in Texas has issued a preliminary injunction this afternoon temporarily barring implementation of this new overtime rule which had
November 4th is International #LoveYourLawyer Day
Negative lawyer jokes have been around since (at least!) the time of Shakespeare. Remember this old chestnut? ”The first thing we do, let’s kill all
Financial Irregularities Discovered? Contact Authorities
In “Charities and Embezzlement,” we relayed the direct and unequivocal advice from the California Attorney General for a charity that learns about possible embezzlement: Upon
Another Public University Foundation Under Fire
Sometimes called “slush funds” and “shadow corporations,” the foundations that support the nation’s public universities have been grabbing headlines recently: ones they would rather avoid.
CA Benefit Corporations: Directors' Reports
Socially conscious entrepreneurs in the Golden State now have two hybrid corporate models available to achieve the goal of “business-with-a-conscience.” In “Social Enterprises: A Revolution
CA Nonprofit Members: Statutory vs. Honorary
Founders of startup charities face key decisions well before submitting the documents for federal tax-exempt status. Should the proposed new organization incorporate – or operate
Public Charities and Ballot Initiatives
This election season includes important candidate races at all levels of government. But, also on the ballot in California, are numerous ballot propositions. It’s easy