Tax laws are complicated and so are the requirements an organization must meet in order to qualify for tax-exempt status. In cooperation with our Tax and Wealth Planning & Probate practice group, our Nonprofit Organizations attorneys assist clients who want to establish non-profit corporations and trusts and seek to qualify those entities as public charities or private foundations. Clients rely on our attorneys’ in-depth knowledge of the rigorous process of obtaining tax-exempt status, as well as our familiarity with the rules to maintain that status. Churches, museums, pet rescue organizations, cemetery associations, schools, healthcare organizations, and philanthropic families and individuals are just some examples of entities and persons with whom our attorneys have worked, setting up initial tax-exempt status or updating documents to comply with new laws in the nonprofit arena. Our attorneys work regularly with the complex questions surrounding unrelated business income, ramifications of certain types of investments and activities, and countless other concerns. Additionally, our attorneys partner with other firms lacking in-house nonprofit practices to provide these services for their clients.
Our attorneys’ wealth of experience encompasses:
• Nonprofit entity selection
• Obtaining federal tax exempt status
• Obtaining state tax exempt status
• Maintaining federal and state tax exempt status