Allen BrombergerTandem Nonprofit & For-Profit Companies Must Walk Fine LineMay 18th, 2018 One of the basic principles of tax-exempt law is that charitable and educational organizations (so-called “501(c)(3)”...
Allen BrombergerNewman’s Own Gets a New LifeFebruary 12th 2018 On February 9, 2018, President Trump signed into law the Philanthropic Enterprise Act of 2017 as part of the...
Allen BrombergerIRS Declares War on Commercial Charities December 14th, 2017 This quarter, the IRS released the latest in a series of tax-exemption denials based on the presence of too much...
Allen BrombergerIRS Says Benefit Corporations May Treat Payments to Charity as a Business Expense October 26th, 2016 The IRS just released Information Letter 2016-0063, confirming that a “benefit” corporation may deduct payments to...
Allen BrombergerFaster but Tougher – IRS Review Focuses on Private Benefit and Commerciality August 6th, 2015 The Exempt Organizations division of the IRS is functioning again judging from the considerable improvement we’ve been...