Blank Rome partner Michael I. Sanders will serve as presenting faculty for Tax Challenges for Counsel to Nonprofit Joint Ventures and Alliances, a live 90-minute Strafford video webinar taking place Wednesday, December 11, 2024, from 10:00 to 11:30 a.m. PST / 1:00 to 2:30 p.m. EST.
The webinar, subtitled “Evaluating Tax Consequences of Entity Structure and Activities, Maintaining Tax-Exempt Status,” will prepare tax counsel to nonprofits to properly establish joint ventures or other business alliances, including structuring the business entity, defining the scope of activities and intended operations, maintaining tax-exempt status, and addressing unrelated business income tax (“UBIT”) and Form 990 disclosures. Topics include:
- What factors should tax counsel consider in evaluating the potential benefits and risks with particular entity structure or business models for nonprofits?
- What issues should counsel to for-profits consider?
- What is the Internal Revenue Service’s present ruling policy?
- What are the potential risks to a nonprofit’s tax exemption when establishing a joint venture?
- When is unrelated business income generated?
- How does the tax status of the participants impact the tax consequences of a venture or affiliation?
Faculty:
- Elka T. Sachs, Partner, Krokidas & Bluestein
- Michael I. Sanders, Partner, Blank Rome
The webinar includes interactive Q&A and CLE and CPE credits are available.
For more information and to register, please visit the webinar webpage.
