COURSE DESCRIPTION
Navigate the complex landscape of nonprofit entity selection and tax exemption qualification where organizational mission meets regulatory compliance requirements. This foundational program provides essential guidance on choosing appropriate entity structures and initiating the tax exemption application process. Master the fundamental concepts that drive successful nonprofit organization and tax planning strategies.
- Understand different nonprofit entity types and their governance, liability, and operational characteristics
- Navigate the IRS determination letter process and Form 1023/1023-EZ filing requirements
- Address organizational and operational test requirements for different types of tax-exempt organizations
- Design governance structures and operating procedures that support tax-exempt status maintenance
Speaker:
Michael Lehmann is a partner in the New York office of Dechert, LLP, where he specializes in tax issues related to non-profits and in the tax treatment of cross-border transactions. He advises hospitals and other health care providers, research organizations, low-income housing developers, trade associations, private foundations and arts organizations. He advises clients on obtaining and maintaining tax-exempt status, executive compensation, reorganizations and joint ventures, acquisitions, and unrelated business income planning. Mr. Lehmann received his A.B., magna cum laude, from Brown University, his J.D. from Columbia Law School, and his LL.M. from New York University School of Law.