Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

Upcoming Seminars, Classes and Meetings

Thursday, February 2, 2012, Non-Profit Boot Camp: Demystifying Organizational Changes & Self Dealing (CA), Los Angeles Athletic Club, 431 W. 7th Street, Los Angeles, CA 90014; 8:00 a.m. – 12:15 p.m.; to register see the following link.
Friday, February 17, 2012, Mistakes, Missteps and Misuse of Tax-Exempt and Nonprofit Entities, Mijares Restaurant, 145 Palmetto Drive, Old Pasadena, CA 91104; 12:00 p.m. – 1:30 pm..

Upcoming Seminars and Classes

On Wednesday, May 15, 2019, I will be presenting a national teleconference, “Form 990 and Unrelated Business Income” for Lorman Education Services: 1:00 PM – 2:30 PM EST.  This teleconference will cover the following topics:

Form 990 Procedural Matters

●Determining Which Form to File
●Due Dates and Automatic Extension

Parts of Form 990
●Overview of Parts of Form 990
●Types of Income, Exempt Function Versus Grants and Special Events
●Schedule of Contributors (Sched. B);Non-Cash Contributions (Schedule M)
●Reporting of Compensation
●Governance and Management Policies

Selected Schedules to Form 990
●Public Charity Status and Public Support – Schedule A
●Transactions With Interested Persons – Schedule L
●Related Organizations – Schedule R
●Unrelated Business Income
●Criterial for Taxation and Fragmentation Rule
●Exceptions, Modifications and Exceptions to Exceptions
●Advertising and Sponsorship
●Form 990T
●Planning Considerations

For a copy of the flyer for this teleconference, please see the following link. For registration, please see the following link

Upcoming Committee Meetings

To be announced