Michele A. W. McKinnon

McGuireWoods LLP

Articles

Results 1 to 5 of 75


IRS Offers Automatic Penalty Relief for Certain Nonprofits and Electronic Filing Tips

USA - September 7 2022 On Aug. 24, 2022, the IRS announced it will provide automatic relief for some taxpayers from penalties for failure to file certain tax returns due…

Bradley A. Ridlehoover, Jean Gordon Carter, Alec V. Sauble

Recent Court Opinions Suggest Independent Schools May Be Subject to Title IX

USA - August 10 2022 Historically, most independent schools have not been subject to Title IX of the Education Amendments Act of 1972 because they do not accept federal…

Bradley A. Ridlehoover, Daniel C. Masakayan, Micah B. Schwartz, Heidi E. Siegmund, Farnaz Farkish Thompson

Private Foundations: Exercise Caution to Avoid Self-Dealing

USA - February 2 2022 Federal tax law prohibits nonprofit organizations from providing private inurement and unwarranted private benefit. Failure to comply with these…

Bradley A. Ridlehoover, Jean Gordon Carter

New Tax Proposals Alter Charitable Giving Strategies

USA - August 17 2021 As charitable organizations continue to navigate fundraising strategies during a pandemic, lawmakers consider proposals that, if enacted, would have…

Bradley A. Ridlehoover, Jean Gordon Carter, Alec V. Sauble

Update on UBTI SILO Rule and IRS Form 990-T Electronic Filing

USA - April 8 2021 For nonprofit organizations that report on a calendar-year basis, the May 17, 2021, deadline to file Form 990 and Form 990-T electronically is…

Bradley A. Ridlehoover, Jean Gordon Carter, Alec V. Sauble