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Results: 1-10 of 109

IRS might audit 200 nonprofits' "Top Hat" deferred compensation plans
  • Bricker & Eckler LLP
  • USA
  • December 19 2013

In late August and early September, the IRS sent compliance check questionnaires to 200 tax-exempt entities that sponsor nonqualified deferred


A chronology showing the Penn State Board of Trustees acted appropriately
  • Bricker & Eckler LLP
  • USA
  • November 29 2011

Like a board of a corporation, the Board of Trustees of Pennsylvania State University (Penn State) is the highest authority of the university with “complete responsibility for the government and welfare of the university and all the interests pertaining thereto including students, faculty, staff and alumni.”


IRS allows deductions for charitable contributions to charity-owned LLCs
  • Bricker & Eckler LLP
  • USA
  • August 3 2012

The IRS has recently provided guidance on the highly-speculated question of whether a donor may take a deduction for charitable contributions to a single member limited liability company (SMLLC) where the single member is a 501(c)(3) tax-exempt organization


IRS begins audit of thousands of tax-exempt parent organizations having group rulings
  • Bricker & Eckler LLP
  • USA
  • November 1 2012

On October 15, 2012, the IRS began examinations of more than 2,000 tax-exempt organizations serving as parent organizations for group ruling purposes


Nonprofit topics in the IRS 2011-2012 Priority Guidance Plan
  • Bricker & Eckler LLP
  • USA
  • January 26 2012

This past fall, the IRS released its Priority Guidance Plan for 2011-2012 (the “Plan”). The Plan is a list of projects that the IRS intends to address through regulations, rulings or other administrative guidance from July 1, 2011 through June 30, 2012


IRS issues initial guidance to curb political activity by 501(C)(4) organizations
  • Bricker & Eckler LLP
  • USA
  • December 5 2013

On November 26, 2013, the Internal Revenue Service (IRS) issued a Notice of Proposed Rulemaking regarding permissible political activities by


Learning how to set fair executive compensation
  • Bricker & Eckler LLP
  • USA
  • February 1 2013

Nonprofit organizations face increasing pressure from a number of directions with respect to compensating their executives. The interplay between


Social media and the nonprofit leader's role as a representative of the organization
  • Bricker & Eckler LLP
  • USA
  • November 8 2013

After recent revelations that Pax Dickinson, the chief technical officer (CTO) at the business and technology news website Business Insider, posted


Nonprofit screening standards removed from FASB’s agenda
  • Bricker & Eckler LLP
  • USA
  • April 15 2014

After the Financial Accounting Standards Board (FASB) proposed new nonprofit screening standards last September, FASB's board voted in late January


Bipartisan vote passes tax credit for contributions to community foundations
  • Bricker & Eckler LLP
  • USA
  • February 27 2014

On February 26, 2014, the Ohio House of Representatives Finance and Appropriations Committee (Finance Committee) approved an income tax credit for