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Holland & Knight LLP | USA | 4 Feb 2019
The Internal Revenue Service (IRS) released IRS Notice 2019-09 (Notice) offering guidance under Section 4960 of the Internal Revenue Code…
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Jackson Lewis PC | USA | 24 Jan 2019
The IRS has released a technical interim guidance on Section 4960, which was added to the Internal Revenue Code of 1986, as amended, as part of the…
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Katten Muchin Rosenman LLP | USA | 22 Jan 2019
Under new Section 4960 ("Section 4960") of the Internal Revenue Code of 1986, as amended ("IRC") that was adopted as part of the Tax Cuts and Jobs Act…
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Seyfarth Shaw LLP | USA | 11 Jan 2019
Just in time for the New Year and notwithstanding the government shutdown, on December 31, 2018, the Internal Revenue Service (“IRS”) issued Notice…
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Ropes & Gray LLP | USA | 8 Jan 2019
In Notice 2019-09, issued December 31, 2018 (the "Notice"), Treasury and the IRS have provided Interim Guidance on the Excise tax on certain…
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King & Spalding LLP | USA | 7 Jan 2019
IRS Provides Guidance Regarding 21% Excise Tax on Tax-Exempt Organizations for Excessive Executive Compensation - The Tax Cuts and Jobs Act imposes a…
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Davis Wright Tremaine LLP | USA | 18 Dec 2018
Washington’s DISCLOSE Act of 2018 will have a significant impact on nonprofit organizations involved in campaign-related activity. Effective January…
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Steptoe & Johnson LLP | USA | 12 Dec 2018
The Senate passed S.J. Res. 64 on a 50-49 vote, with Sen. Collins (R-ME) joining Democratic senators. The joint resolution, if also passed by the…
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Caplin & Drysdale, Chartered | USA | 28 Nov 2018
Recent tax law changes amplify the benefits of two different charitable giving ideas: (1) "bunching" charitable giving to maximize deductions and (2)…
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Reed Smith LLP | USA | 19 Nov 2018
We’ve always hated the concept of cy pres class action settlements. A cy pres distribution is an admission that, even without opposition, the…