Tax Exempt Organizations – Recent Legal Developments

Professor Nicholas A. Mirkay III
Creighton University
Omaha, NE
Fri, 12/05/2014 - 2:30pm to 3:30pm

Overview: This presentation will provide an overview of federal income tax exemption law and then analyze recent developments that affect current practitioners, including, but not limited to, the private inurement prohibition (excess benefit transactions), the application of the private benefit doctrine, the political campaign activity restriction and the recent scandal involving IRS review of social welfare organization applications, and the applicable portions of the Affordable Care Act to tax-exempt hospital systems. A necessary component in each of these developments is the ethical questions they raise for practitioners.