The Internal Revenue Service, the California Franchise Tax Board, and state Attorneys General retain the right to audit a charitable organization's activities to ensure compliance with federal and state tax-exemption requirements and state charitable trust laws. In many cases when such an audit arises, it is critical for the entity to obtain legal counsel to increase the likelihood of a positive outcome. Adler & Colvin attorneys offer an array of services to help clients through audits, including helping clients come into compliance with the applicable laws before an audit.
Areas of Focus
- Attorney General audits.
- Application of the charitable trust doctrine and cy pres proceedings.
- IRS audits and proposed revocations or adjustments of exempt status.
- Franchise Tax Board proceedings.
- California property tax disputes.
- Legal advice on federal and state tax-exemption status, unrelated business income tax, and excise tax rules, both in anticipation of and during audits.
- Review of exempt organization informational and tax returns.
- Preemptive “legal audits” of nonprofits to identify issues before a regulatory audit occurs.
Related Blog Posts (19)
Past Events
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Webinar July 12, 2018
Strafford - Form 4720 Private Foundation Excise Tax Return: Reporting Taxable Violations
Presenter
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Webinar February 21, 2018
Responding to Loss of Tax Exempt Status: Automatic Revocation and For-Cause Termination
This webinar will provide advisers to nonprofit and exempt organizations with a guide to responding to and remedying loss of tax exempt status.
Presenter
Related Forms & Exemplars
Fiscal Sponsorship (Model C) Letter to Vendors
This letter could be important in the event that a Model C fiscal sponsor disburses grant funds for the benefit of a grantee, not by cash grants to the grantee, but by writing checks directly to the grantee’s vendors.
Fiscal Sponsorship Grant Agreement (Model C), short form
Short form of Fiscal Sponsorship Grant Agreement between a fiscal sponsor and a Model C fiscally sponsored project.
