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Not For Profit/Exempt Organizations Blog

Amanda H. Nussbaum

Amanda H. Nussbaum Amanda H. Nussbaum is a partner in the Tax Department and also is a member of the Private Investment Funds Group. Her practice concentrates on planning for and the structuring of domestic and international private investment funds, including venture capital, buyout, real estate and hedge funds, as well as advising those funds on investment activities and operational issues. She also represents many types of investors, including tax-exempt and non-U.S. investors, with their investments in private investment funds. Amanda has significant experience structuring taxable and tax-free mergers and acquisitions, real estate transactions and stock and debt offerings. She also counsels both sports teams and sports leagues with a broad range of tax issues.

Posts by Amanda H. Nussbaum

Updates for Tax-Exempt Organizations from the Senate Bill

Posted in IRS

Early on December 2, 2017, the Senate passed the Tax Cuts and Jobs Act (the “Senate Bill”).  This blog entry describes certain provisions of the Senate Bill that would have the most significant impact on the nonprofit community, including important differences between the Senate Bill and the prior version of the Senate bill and the… Continue Reading

Updates for Tax-Exempt Organizations from the Senate Markup to the Tax Cuts and Jobs Act

Posted in Uncategorized

Over the last several days, there have been significant developments relating to the Tax Cuts and Jobs Act, the pending tax reform legislation in Congress.[1]  On Thursday, a detailed summary of the Senate Finance Committee’s proposal was released (the “Senate Markup”),[2] and the House Ways and Means Committee voted (in a 24-16, party-line vote) to… Continue Reading

Is It the End of the Johnson Amendment as We Know It?

Posted in IRS, Religious Organizations

While speaking at the National Prayer Breakfast on February 2, 2017, President Trump reaffirmed his commitment to repeal the law that restricts organizations that are tax exempt under Section 501(c)(3) of the Internal Revenue Code (“Code”) from engaging in political campaign activities. This law, enacted in 1954, is commonly known as the Johnson Amendment since… Continue Reading

Recaps from Proskauer’s 20th Annual Trick or Treat Tax Exempt Seminar

Posted in Governance

Proskauer’s 20th Annual Trick or Treat Seminar was held on Friday, October 30. The Seminar discussed: Non-Profit Revitalization Act of 2013: Recent Developments and Outstanding Issues Recent Developments in Independent Contractor Misclassification Purpose Investing for Charities Benefits Update Amanda Nussbaum welcomed everyone to the 20th Annual Trick or Treat Seminar, commented on some of the trends… Continue Reading

Recaps from Proskauer’s 19th Annual Trick or Treat Tax Exempt Seminar

Posted in Charitable Giving, Governance

Proskauer’s 19th Annual Trick or Treat Seminar was held on Friday, October 31. The Seminar discussed: Charitable giving techniques Labor and employment issues with using volunteers and interns Recent developments in employee benefits In her introductory remarks, Amanda Nussbaum discussed recent tax developments, including the development of IRS Form 1023-EZ, the process for reinstatement of tax-exempt status, and… Continue Reading

Recaps from Proskauer’s 18th Annual Trick or Treat Tax Exempt Seminar

Posted in Governance

Proskauer’s 18th Annual Trick or Treat Seminar was held on Thursday, October 31. The Seminar discussed: Statutory Authority of New York Attorney General’s Charities Bureau Proposed Revisions to New York’s’ Not-for-Profit Corporation Law Impact of United States v. Windsor on Health Insurance and Retirement Plans and Key Provisions of the Affordable Care Act In her… Continue Reading