Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

Entries Tagged as 'Uncategorized'

Attorney General Comments: Commercial Coventurers; Good Standing and RRF-1/Tax Return Compliance; Corporation Code Section 5227

April 8th, 2011 · Comments Off on Attorney General Comments: Commercial Coventurers; Good Standing and RRF-1/Tax Return Compliance; Corporation Code Section 5227 · Uncategorized

The following is another excerpt from minutes of the January 18, 2011 joint meeting of the Nonprofit and Unincorporated Organizations Committee of the Business Law Section and the Exempt Organizations Committee of the Tax Section of the State Bar of California: Ms. Cherie Evans introduced Kelvin Gong, Supervising Deputy Attorney General, Registry of Charitable Trusts, […]

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Specialized PTIN Information for Preparers of Exempt Organization Tax Forms

April 1st, 2011 · Comments Off on Specialized PTIN Information for Preparers of Exempt Organization Tax Forms · Uncategorized

The IRS published on IRS.gov additional PTIN information for those who prepare exempt organization tax forms.   The following was excerpted from the IRS website: Who Needs a PTIN? All tax return preparers who are paid to prepare or assist substantially in the preparation of any U.S. federal tax return, claim for refund or other tax […]

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Attorney General Investigative Letters; “Control” for Purposes of Government Code Section 12586(e)

March 25th, 2011 · Comments Off on Attorney General Investigative Letters; “Control” for Purposes of Government Code Section 12586(e) · Uncategorized

The following is an excerpt from minutes of the January 18, 2011 joint meeting of the Nonprofit and Unincorporated Organizations Committee of the Business Law Section and the Exempt Organizations Committee of the Tax Section of the State Bar of California: Ms. Cherie Evans introduced Kelvin Gong, Supervising Deputy Attorney General, Registry of Charitable Trusts, […]

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PTINs for Form 1023/1024 Preparers

February 18th, 2011 · Comments Off on PTINs for Form 1023/1024 Preparers · Uncategorized

The following information is provided courtesy of the ABA Section of Taxation’s Exempt Organizations Committee, and reflects communications undertaken on behalf of the Committee by Eve Borenstein and Jennifer Reynoso: We have learned the following from the IRS on the topic of whether a Form 1023/1024 “preparer” must have a PTIN: The TE/GE National Office […]

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ABA Comments on Requirements for Tax-Exempt Hospitals

January 21st, 2011 · Comments Off on ABA Comments on Requirements for Tax-Exempt Hospitals · Uncategorized

The American Bar Association Section of Taxation and Health Law Section submitted comments regarding the application of new requirements imposed on tax-exempt hospitals by section 501(r), /2/ which was added to the Code by section 9007(a) of the Patient Protection and Affordable Care Act.  The following is the Executive Summary (without footnotes) from the January […]

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Review of Media-Based Ministries

January 14th, 2011 · Comments Off on Review of Media-Based Ministries · Uncategorized

Senate Finance Committee member Charles Grassley staff has released a staff report on the results of his three-year inquiry into the financial practices of six media-based Christian ministries.  Senator Grassley is known for his focus on the financial practices of high-profile nonprofit organizations.  See the following link. This staff report contains appendixes.  Appendix A sets […]

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Pro Bono Training In the News!

June 15th, 2010 · Comments Off on Pro Bono Training In the News! · Uncategorized

Pro Bono Training Public Interest Article in Daily Journal quotes Louis E. Michelson, “The goal is to train some of the new lawyers to not be afraid of jumping into the deep water and [start] swimming.” See “Pro Bono Not Limited to Litigation” by Susan McRae, June 15, 2010.  Reprinted and/or posted with the permission […]

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Los Angeles Business Taxes, Exemption and Refunds for Charities

October 16th, 2009 · Comments Off on Los Angeles Business Taxes, Exemption and Refunds for Charities · Charity, State and Local Taxes, Uncategorized

Is your charitable organization paying the Los Angeles business tax? As a result of state legislation, the City of Los Angeles amended its municipal code to authorize the Director of Finance to issue a Tax Exempt Registration Certificate to charitable, non-profit or religious institutions. If your organization is exempt under Internal Revenue Code Section 501 […]

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