Nonprofit Law Matters

Monthly Archives: April 2013

Lots of Colleges and Universities Have Lots of Unrelated Business Taxable Income — What About You?

Posted in Public Charities, Revenue Generating Activities

Yesterday, the IRS released its final report on its compliance project on colleges and universities.  (For those who don’t remember, this started in 2008 with questionnaires sent to 400 randomly-selected exempt colleges and universities, followed by 34 not-at-all-randomly-selected audits.)  While there were other interesting findings, I’d like to focus on the widespread and substantial underreporting of (and… Continue Reading

Senate Judiciary Subcommittee Holds Hearings on Candidate Activity by Section 501(c)(4) Organizations

Posted in Tax Treatment of Lobbying & Political Activities, Unions, Associations, Clubs & Other Tax-Exempt Organizations

I had the honor this week of testifying in Washington, D.C., before the Senate Judiciary Subcommittee on Crime and Terrorism.  The topic was political campaign activity by 501(c)(4) social welfare organizations that signed IRS tax filings stating that they would not intervene, or had not intervened, in candidate elections. The point of the hearing was… Continue Reading