Understanding Nonprofit and Tax Exempt Organizations (Understanding Series) - Softcover

Book 2 of 19: Understanding

Cafardi, Nicholas; Cherry, Jaclyn

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9781422497579: Understanding Nonprofit and Tax Exempt Organizations (Understanding Series)

Synopsis

Understanding Nonprofit and Tax Exempt Organizations is a guide for the law student or practitioner who is looking to understand the law governing the nonprofit, tax exempt sector. This text deals with the many types of tax exempt organizations; the rules, regulations and limitations imposed on tax exempt organizations by the courts, the Internal Revenue Code (IRS) and the Treasury Regulations (the Regulations); the charitable contribution and fundraising issues affecting tax exempt organizations; the unrelated business income tax, excise taxes and intermediate sanctions imposed on tax exempt organizations; and the rules regarding private foundations. This new Second Edition reflects recent changes in the law made by the Pension Protection Act of 2006 and the Patient Protection and Affordable Care Act of 2010.

The Second Edition of Understanding Nonprofit and Tax Exempt Organizations begins with an introduction to nonprofit organizations by discussing the relevant law in general, as nonprofits are governed by state law. Next, tax exempt organizations are discussed, by first giving the reader the background on where such organizations fit in the nonprofit sector; why the organizations are given preferential tax treatment; what form these organizations take; and how such organizations are governed and dissolved. The Second Edition also provides detailed explanations of the various rules, regulations and tests they must follow in order to obtain or retain their tax exempt status as well as the consequences for failure to comply.

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About the Authors

Nicholas Cafardi is Dean Emeritus and Professor of Law Emeritus at Duquesne University School of Law.

Jaclyn Cherry is a Professor of Law at the University of South Carolina School of Law.

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Other Popular Editions of the Same Title

9780820560885: Understanding Nonprofit and Tax Exempt Organizations

Featured Edition

ISBN 10:  082056088X ISBN 13:  9780820560885
Publisher: LexisNexis/Matthew Bender, 2006
Softcover