Articles

IRS Issues New Guidance for Virtual Currency DonationsBrooklyn Supreme Court Recognizes Private Right of Action for Not-for-Profit Employees under New York Nonprofit Revitalization Act Whistleblower Policy Requirement View More…

Charitable Giving

Supreme Court Unanimously Sides with Catholic Charities in Wisconsin Unemployment Tax Exemption CaseProskauer’s 29th Annual Trick or Treat Seminar View More…

Client Alert

Simplification of the Net Investment Income Tax for Private FoundationsTIC Form SHC Deadline Approaching to Report U.S. Ownership of Foreign Securities View More…

Coronavirus

The FFCRA and CARES Act: Key Provisions Affecting Nonprofit Organizations View More…

Disability Rights

Tax-Advantaged ABLE Accounts for Individuals with Disabilities View More…

Employee Benefits

Proskauer’s 29th Annual Trick or Treat SeminarProskauer’s 26th Annual Trick or Treat Seminar View More…

Endowments

Attorney General Issues Guide on the New York Prudent Management of Institutional Funds ActCFA Institute Releases Investment Management Code of Conduct for Charities View More…

Executive Compensation

A Trap for the Unwary – Nonprofit Organization Compensation Arrangement Considerations for High Caliber ExecutivesFinal Regulations on Executive Compensation Excise Tax (Section 4960) Carries Forward Most Concepts from Proposal View More…

Fiduciary

Update on the Department of Labor’s New Fiduciary Rules and Subsequent Challenges View More…

Formation

In Annual Procedure Update (Usually a Yawner), IRS Imposes 27-Month Deadline For Filing Exemption Applications For All Types of Exempt Organizations Seeking Retroactive Recognition of Exemption And Denies Retroactive Recognition of Exemption if Forms 990 Not FiledHouse Ways and Means Oversight Subcommittee Holds Second in a Series of Hearings on Issues Facing Tax-Exempt Organizations View More…

Governance

Recaps from Proskauer’s 22nd Annual Trick or Treat Tax Exempt SeminarRecaps from Proskauer’s 21st Annual Trick or Treat Tax Exempt Seminar View More…

Healthcare Organizations

Tax-Advantaged ABLE Accounts for Individuals with DisabilitiesSupreme Court Agrees Religiously Affiliated Hospitals Can Have “Church Plans” View More…

Human Rights

Tax-Advantaged ABLE Accounts for Individuals with Disabilities View More…

Insurance

Proskauer’s 24th Annual Trick or Treat Seminar View More…

IRS

U.S. District Court Finds Mayo Clinic Qualifies as an “Educational Organization”; Awards $11.5M UBTI RefundIRS Releases Guidance on Requirements for Limited Liability Companies to Qualify as Tax-Exempt Entities View More…

IRS Filings

IRS Issues Final Regulations on Nonprofit Donor Disclosure RequirementsNew Electronic Form 8976 to Alert IRS About Section 501(c)(4) Status; 1023-EZ Application Reduced to $275 View More…

Labor

Proskauer’s 29th Annual Trick or Treat SeminarProskauer’s 26th Annual Trick or Treat Seminar View More…

Not-for-Profit

A Trap for the Unwary – Nonprofit Organization Compensation Arrangement Considerations for High Caliber ExecutivesProskauer’s 29th Annual Trick or Treat Seminar View More…

Political Campaign Activity

UPDATE: President Trump Signs “Johnson Amendment” Executive Order Limiting Treasury’s Actions Against Religious Organizations Engaged in Political Campaign ActivitiesNew Electronic Form 8976 to Alert IRS About Section 501(c)(4) Status; 1023-EZ Application Reduced to $275 View More…

Privacy

Out-of-State Exempt Organizations May be Affected by New Massachusetts Data Security RegulationsNonProfits Must Comply With the New Massachusetts Data Security Breach Law View More…

Private Foundations

Simplification of the Net Investment Income Tax for Private FoundationsTax-Exempts May Limit Fund Investments Pursuant to New IRS Guidance on UBTI View More…

Pro Bono

Proskauer's Pro Bono Initiative Committee Discusses Expansion View More…

Religious Organizations

New York State Codifies the Johnson AmendmentParsonage Exclusion Found by Seventh Circuit to Be Constitutional View More…

Tax

One Big Beautiful Bill: Update on Provisions for NonprofitsTax-Advantaged ABLE Accounts for Individuals with Disabilities View More…

Tax Reform

One Big Beautiful Bill: Update on Provisions for NonprofitsFinal Regulations on Executive Compensation Excise Tax (Section 4960) Carries Forward Most Concepts from Proposal View More…

Tax-Exempt Organizations

Supreme Court Unanimously Sides with Catholic Charities in Wisconsin Unemployment Tax Exemption CaseOne Big Beautiful Bill: Update on Provisions for Nonprofits View More…

Uncategorized

Deadline Approaching for 403(b) Sponsors to Review Plan Documents for ComplianceUpdates for Tax-Exempt Organizations from the Senate Markup to the Tax Cuts and Jobs Act View More…