Overview
In today’s environment, the pressure on tax-exempt organizations to comply with the tax rules is greater than ever. In this OnDemand Webinar, you’ll learn the difference between nonprofit and tax-exempt organizations, how an organization qualifies for 501(c)(3) tax-exempt status, how to distinguish between private foundation and public charities, how to understand the benefits of public charity status and how to avoid activities that can jeopardize an organization’s 501(c)(3) status.
Authors
Ellis M. Carter, Kendis Key Muscheid, Esq., Fennemore Craig, P.C.
Self Study Credit - OnDemand Webinar
| CLE | 1.5 | AK, AL, AZ, CA, IL, MS, MT, NC, ND, PA, TN, VT, WA, WI, WV | |
| CLE | 1.8 | MO | |
Agenda
- Qualification for Tax-Exempt Status
- Nonprofit vs. Tax-Exempt
- Types of Tax-Exempt Entities
- Charitable Purpose
- Organizational and Operational Tests
- Public Charity vs. Private Foundation
- Basis for Distinction
- Types of Public Charities
- Benefits of Public Charity Status
- Jeopardizing Tax-Exempt Status
- Private Benefit and Private Inurement
- Lobbying
- Political Campaign Activity
- Activities Generating Excessive Unrelated Business Income
- Failure to Comply With Reporting Obligations
