The Tax-Exempt Organizations practice regularly obtains from the IRS favorable determination letters as to tax exempt and public charity status, as well as favorable public and private rulings for clients. Intermediate sanction rules, instituted by the IRS in an effort to curtail perceived abuses in compensation and other economic arrangements involving public charities and social welfare organizations and persons with substantial influence over them, reflect the heightened scrutiny of tax exempt entities by the IRS. State and local governments, constantly in search of additional revenue, are aggressively evaluating the exempt status of many organizations. The Tax-Exempt Organizations practice assists organizations in satisfying ongoing exemption and legal requirements and avoiding tax liability, including unrelated business income tax liability, excise tax liabilities and intermediate sanction penalties.
