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NV 12th Annual The Law of Tax-Exempt Organizations Seminar

Thursday, September 30, 2010 - Friday, October 01, 2010
8:00 AM - 4:45 PM

  • Seminar Details $799.00  - Standard Tuition

The Law of Tax-Exempt Organizations 9th Edition
New Form 990: Law, Policy and Preparation

View Brochure

View brochure for complete details


Other ways to Register: Call 1-888-263-5879 | Printable Form (fax or mail)


Credit

Continuing Education Credit Information

Accountants: PESI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Website: http://www.nasba.org

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.

Prerequisites: Basic Knowledge of Taxation
Instructional/Delivery Method: group-live
Field of Study: Taxation
Advanced Preparation: None
Level of Knowledge: Intermediate
Maximum Recommended CPE: 16.00 credits*
Please refer to the information in the seminar brochure for outline, course content, and objectives.

Enrolled Agents: PESI has entered into an agreement with the Office of Director of Practice, Internal Revenue Service, to meet the requirements of Treasury Department Circular 230, 10.6(g), covering maintenance of attendance records, retention of program outlines, qualification of instructors, and length of class hours. This agreement does not constitute an endorsement by the Director of Practice as to the quality of the program or its contribution to the professional competence of the enrolled individual. Sponsor #421. This course qualifies for 16.00 credits.

Certified Financial Planner Certificants: PESI has submitted an agreement to the Certified Financial Planner Board of Standards, Inc., to meet the board's requirements covering maintenance of attendance records, retention of programs, outlines, qualifications of instructors and length of class hours. This agreement does not constitute an endorsement by the board as to the quality of the program or its contribution to the professional competence of the CERTIFIED FINANCIAL PLANNER registrant. Sponsor #466. This course has been approved for 8.0 credits. CFP and CERTIFIED FINANCIAL PLANNER are federally registered service marks of the Certified Financial Planner Board of Standards, Inc.

AZ Attorneys: The State Bar of Arizona does not approve or accredit CLE activities for the mandatory continuing legal education requirement. This activity may qualify for up to 13.50 hours toward your annual MCLE requirement for the state of Arizona, including 0.0 hours of professional responsibility. PESI does not report credits earned.

CA Attorneys: PESI, LLC has been approved as a continuing education provider of Minimum Continuing Legal Education credit by the State Bar of California, Office of Certification. This program will qualify for MCLE credit by the State Bar of California in the amount of: Total Hours: 13.50 (of which the following hours will apply) 0.0 legal ethics, 0.0 elimination of bias in the legal profession, 0.0 prevention, detection and treatment of substance abuse. Provider Number: 2799. Bar number required. PESI certifies that this activity conforms to the standards for approved education activities prescribed by the rules and regulations of the State Bar of California governing minimum continuing legal education. PESI does not report credits earned.

PESI has submitted an application for 13.50 CLE credits to the following states (credit is currently pending - - unless otherwise indicated, PESI will report attendance if bar number is provided):

  • Alaska* - approved
  • Alabama - approved
  • Delaware - approved
  • Georgia - approved
  • Idaho - approved (13.0 CLE credits)
  • Illinois* - approved
  • Indiana - approved
  • Iowa* - approved (13.0 CLE credits)
  • Kentucky - approved
  • Louisiana - approved (13.0 CLE credits)
  • Maine* - approved
  • Minnesota* - approved
  • Mississippi
  • Montana - approved
  • North Carolina* - approved (13.0 CLE credits)
  • North Dakota* - approved
  • New Hampshire - approved (14.5 CLE credits)
  • New Mexico - approved
  • Nevada*
  • Ohio - approved
  • Oregon - approved (14.5 CLE credits)
  • Pennsylvania - approved
  • South Carolina - approved (13.0 CLE credits)
  • Tennessee - approved
  • Texas - approved
  • Utah - approved
  • Vermont* - approved
  • Virginia* - approved (13.0 CLE credits)
  • Washington - approved
  • Wyoming* - approved

*PESI does not report credits earned.

PESI has submitted an application for 16.00 CLE credits to the following states (credit is currently pending):

  • Colorado - approved
  • Florida*
  • Kansas - approved
  • Missouri* - approved (16.20 CLE credits)
  • New York* - The New York's Approved Jurisdiction policy applies to this program. Attorneys may apply CLE credit earned for completion of this course to their New York CLE requirement.
  • Oklahoma - approved
  • Rhode Island - approved
  • West Virginia* - approved (16.2 CLE credits)
  • Wisconsin - approved

*PESI does not report credits earned.

Financial aid available upon request.

If your profession is not listed, please contact your board to determine your continuing education requirements and check for reciprocal approval. Many boards will approve this seminar based on other board approvals shown here. PESI, LLC, provides all attendees with documentation of attendance

Faculty

Speaker: Lisa D. McLaughlin

Lisa D. McLaughlin is a shareholder in the St. Louis office of Polsinelli Shalton Flanigan Suelthaus PC. She is a Fellow of the American College of Trust & Estate Counsel, is listed in Best Lawyers in America and has over 27 years of experience and breadth of knowledge in the estate planning field, employing the full range of sophisticated planning techniques to customize estate plans for clients. Ms. McLaughlin also advises clients and tax-exempt entities with respect to creation, administration and governance of charitable trusts, private foundations and other nonprofit entities as well as individual gifting to such entities and establishment of planned giving programs. Her practice also includes fiduciary litigation matters.

Outline

Day 1 | Thursday, September 30, 2010

Current Developments
Status and import of proposed and enacted federal legislation
Other current developments on Capitol Hill
Current IRS enforcement initiatives
IRS annual report

Categories of Tax-Exempt Organizations
Charitable; educational; scientific; religious; social welfare; associations; social clubs; political
Current developments in other types of exempt organizations

Public Charities and Private Foundations
Institutions; publicly supported; supporting organizations; private foundations
Legislation and current developments
Form 990 developments
Current developments

Private Inurement, Private Benefit, and Intermediate Sanctions
Code and regulations
Cases and private rulings
Automatic excess benefit transactions
Form 990 developments
Current developments

Advocacy
Legislative activities
Political campaign activities
Form 990 developments
Current developments

Unrelated Business Rules
Basics
Modifications
Exceptions
Specific applications
Current developments

Reporting, Recordkeeping, IRS Audits and Compliance Checks
Required federal and state reporting
Public disclosure of IRS application, 990, and 990-T
Best practices for disclosure
Form 990 developments
Types of Audits
Compliance checks
Policy and trends
Current developments

Case Studies

Networking Social Hour
Immediately following the conference


Day 2 | Friday, October 1, 2010

Governance Issues and Developments
Current IRS position on good governance
Industry best practice guidelines
Governance in the redesigned Form 990
Current developments

Charitable Giving Rules
Basics
Estate planning considerations
Current developments

Recording-Keeping and Substantiation Rules for Charitable Giving
Required donor substantiation
New regulations
Appraisal rules
Record-keeping for contributions
Current developments

Entity Considerations
Choice of entity planning; partnerships; limited liability companies; disregarded entities; other joint ventures; for-profit subsidiaries; supporting organizations
Flow-through tax issues
Related party disclosure
Current developments

Healthcare Reform Update
Creation of new nonprofit entities
New exemption requirements for hospitals
Funding opportunities for nonprofit entities

Case Studies

IRS Initiatives

Coming Developments

Faculty

Speaker: Bruce R. Hopkins

Bruce R. Hopkins is a senior partner with Polsinelli Shalton Flanigan Suelthaus PC, in its Kansas City, Missouri, and Washington, DC, offices, where he specializes in the representation of tax-exempt organizations. Mr. Hopkins served as chair of the Committee on Exempt Organizations, American Bar Association. He taught a course on nonprofit organizations at the University of Missouri-Kansas City School of Law and taught at George Washington University National Law Center for 19 years.

Mr. Hopkins is the editor of John Wiley & Son's Nonprofit Law, Finance and Management Series. He is the author of:

  • The Law of Tax-Exempt Organizations (9th ed.)
  • Planning Guide for the Law of Tax-Exempt Organizations: Strategies and Commentaries
  • IRS Audits of Tax-Exempt Organizations: Policies, Practices, and Procedures
  • The Tax Law of Unrelated Business for Nonprofit Organizations
  • The Tax Law of Associations
  • Nonprofit Law Made Easy
  • Charitable Giving Law Made Easy
  • 650 Essential Nonprofit Law Questions Answered
  • The Nonprofits' Guide to Internet Communications Law
  • The Law of Intermediate Sanctions: A Guide for Nonprofits
  • The Law of Fundraising (3rd ed.)
  • The Tax Law of Charitable Giving (3rd ed.)
  • Nonprofit Law Dictionary
  • The First Legal Answer Book for Nonprofit Organizations
  • The Second Legal Answer Book for Nonprofit Organizations
  • Starting and Managing a Nonprofit Organization: A Legal Guide (4th ed.)
  • The First Legal Answer Book for Fund-Raisers
  • The Second Legal Answer Book for Fund-Raisers

All books were published by Wiley. Mr. Hopkins is also the co-author of Private Foundations: Tax Law and Compliance (3rd ed.), The Law of Tax-Exempt Healthcare Organizations (2nd ed.) and Nonprofit Law for Religious Organizations: Essential Questions & Answers. In addition, he writes Bruce R. Hopkins' Nonprofit Counsel, a monthly newsletter.

Mr. Hopkins is the founder of the Nonprofit Law Center, online at www.nonprofitlawcenter.com. He earned his JD and LLM at George Washington University and his BA at the University of Michigan. Mr. Hopkins is a member of the bars of the District of Columbia and the state of Missouri. Mr. Hopkins received the 2007 Outstanding Nonprofit Lawyer Award (Vanguard Lifetime Achievement Award) from the American Bar Association, Section of Business Law, Committee on Nonprofit Corporations. He is listed in Best Lawyers in America, Nonprofit Organizations/Charities Law, 2007-2008.

Speaker: Douglas K. Anning

Douglas K. Anning is a partner with Polsinelli Shalton Flanigan Suelthaus PC in its Kansas City, Missouri office, where he co-chairs the Nonprofit Organizations Group. He concentrates in health care, taxation and corporate law, and has substantial experience in mergers and acquisitions, transactional matters and structuring joint ventures. A frequent lecturer and author, Mr. Anning served as co-chair of the American Health Lawyers Association Sarbanes-Oxley Task Force in 2004 and 2005 and was chair of AHLA's Tax-Exempt Practice Group from 2003-2006. Admitted to practice in Missouri and Kansas, he is a member of the Kansas City Metropolitan, Kansas, Missouri and American bar associations and the American Health Lawyers Association. Mr. Anning received his BA, with distinction, and his JD, with honors (Order of the Coif; editor, Kansas Law Review) from the University of Kansas.

Speaker: Thomas J. Schenkelberg

Thomas J. Schenkelberg is chair of the Polsinelli Shalton Flanigan Suelthaus Nonprofit Organizations Practice Group. Drawing on his experience as both an attorney and a certified public accountant, Mr. Schenkelberg's practice specializes in the areas of tax, nonprofit and health care law. Clients include national hospital systems, research organizations, private foundations, colleges, universities, associations, social welfare organizations, PACs and governmental entities.

Clients turn to Mr. Schenkelberg for:
  • structuring mergers and acquisitions
  • guiding corporate reorganizations
  • qualification for tax exemption
  • joint ventures of nonprofit and for profit entities
  • nonprofit governance issues
  • compliance with private foundation rules
  • unrelated business income planning
  • fundraising programs
  • for profit subsidiary planning
  • public charity qualification
  • use of supporting organizations

His practice also involves planning for integrated delivery systems, whole hospital joint ventures, medical service organizations and avoidance of private inurement/intermediate sanctions.

Mr. Schenkelberg has served as the Vice-Chair of the American Health Lawyers Association Tax and Finance Committee and is a frequent writer and speaker on nonprofit law topics. His many publications include co-authoring of the Tax Management Portfolio, and Private Foundations Distributions (Sec. 4942) published by the Bureau of National Affairs.

Speaker: Virginia C. Gross

Virginia C. Gross is a shareholder with Polsinelli Shalton Flanigan Suelthaus PC, concentrating her practice on tax and nonprofit law. Ms. Gross counsels varied nonprofit organizations on all aspects of tax-exempt organization law, such as the formation, qualification, combination, and merger of nonprofit organizations. She advises nonprofit clients on issues regarding their operations, fundraising practices, unrelated business income planning, joint venturing and partnering, and the use of supporting organizations and for-profit subsidiaries. Nonprofit clients include charitable and educational organizations, private foundations, associations, supporting organizations, medical research and other healthcare organizations, social welfare organizations, and social clubs. Ms. Gross has worked with numerous nonprofit boards of directors regarding governance and best practices matters. Ms. Gross is a frequent writer and speaker on nonprofit law topics and is listed in the Best Lawyers in America for Nonprofit Organizations/Charities Law for 2008.

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