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.
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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
