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On April 7, 2008, the Internal Revenue Service (IRS) released for public comment instructions for the new IRS Form 990 annual return filed by most tax-exempt organizations, including nonprofit hospitals and other healthcare organizations.

The IRS recently unveiled its new streamlined online search tool, Exempt Organizations Select Check ("EO Select Check"), which provides one place where taxpayers can go to find out: (1) whether an organization is eligible to receive tax-deductible contributions; (2) whether the organization has ever been subject to automatic revocation of its tax-exempt status for failing to file a required Form 990, Form 990-EZ or Form 990-N (aka, the "e-Postcard") for three consecutive years; and (3) whether a

On July 4, President Donald Trump signed into law the One Big Beautiful Bill Act (H.R. 1) (OBBBA). While OBBBA contains various provisions that impact high-net-worth individuals, this alert focuses on OBBBA provisions...

If your organization anticipates raising big amounts with a raffle at your next fundraising event, you might want to step back and consider what this might mean from a tax compliance standpoint.

On January 2, 2013, President Obama signed into law the American Taxpayer Relief Act of 2012 (the "Act"), commonly known as the "fiscal cliff" legislation.

On Dec. 6, 2011, the Department of the Treasury released its Report to Congress on Supporting Organizations and Donor Advised Funds.

The California Department of Financial Protection and Innovation (DFPI) has finally adopted final rules relating to the scope of the agent-of-a-payee exemption under the California Money Transmission Act...

Since 2023, A&O Shearman has partnered with Women for Women International to support women survivors in conflict zones, empower displaced women through social and economic training...

When people think about tax-exempt organizations, typically they think about public charities or private foundations. However, there are 29 different ways an organization can be considered a not- for-profit entity...

The California Attorney General reasons that having access to the Schedule B donor information is necessary to help the state assess whether a charity is conducting charitable activities as opposed to conducting fraudulent activities.

Most of the 50 states (and the District of Columbia) have a specific statutory regime for nonprofit corporations. Some states, such as Delaware, regulate nonprofit corporations...

On December 31, 2014, the Internal Revenue Service (IRS) issued final regulations under Section 501(r) of the Internal Revenue Code (IRC), which requires a hospital facility to establish a written financial assistance policy (FAP).

One of the most frequent questions we get is whether to operate an organization through a single entity or multiple entities. There are quite a few overlapping and interlocking issues to consider.

So you decided that 2014 is going to be the year you finally make your dream of starting your very own not-for-profit organization a reality.

Nonprofit organizations want to know, "What does a high-performing board look like?" Well, it depends! It depends upon the type of organization, the size of the organization, the mission of the organization, the financial wherewithal of the organization, and other factors.

The U.S. Department of the Treasury and IRS recently issued temporary regulations that provide an immediately effective framework for establishing and administering “Trump Accounts,” including broad automatic enrollment and large-scale contributions funded by governmental and charitable donors. The regulations became effective September 30, 2026, apply to taxable years beginning on or after January 1, 2026, and expire September 30, 2029.

IRS releases Notice 2011-52 on requirements to meet the community health needs assessment (CHNA) required by the Patient Protection and Affordable Care Act (P.L. 111-148).

The Congressional focus on the "Community Benefit" standard of tax exemption continued with the September 13, 2006, hearing conducted by the Senate Finance Committee, "Taking the Pulse of Charitable Care and Community Benefits at Nonprofit Hospitals."