Do you know all the ins and outs of tax-exempt compliance? Even inadvertently breaking the rules can jeopardize tax-exempt status. Use this fundamental overview to avoid intermediate sanctions, ensure accounting practices are up to par, and stay current on the latest regulations. Study the impact of Sarbanes-Oxley on tax-exempt organizations, and get answers to your tax-exempt compliance and operational questions. Order today!

1. Introduction to Tax-Exempt Organizations
2. Maintaining Tax-Exempt Status
3. Dealing with Unrelated Business Income
4. Intermediate Sanctions
5. Lobbying and Campaign Activities
6. The Impact of Sarbanes-Oxley and the Era of Corporate Governance on Nonprofit Organizations

Continuing Education Credits:   

Continuing Legal Education

Credit Hrs    State    Credit Approval Expiration

* denotes specialty credits

1. INTRODUCTION TO TAX-EXEMPT ORGANIZATIONS
   8:30 - 9:40, Nathan M. Boyce, Keith J. Kehrer and Erika S. Labelle
1. Advantages of Incorporation vs. Unincorporated Entities
2. Form of Organization and Governing Instruments
3. Categories of Tax-Exempt Organizations: Private Foundations vs. Public Charities
4. Protecting Directors, Officers and Nonprofit Executives from Potential Liability
5. How to Become Tax-Exempt
2. MAINTAINING TAX-EXEMPT STATUS
   9:40 - 10:45, Nathan M. Boyce, Keith J. Kehrer and Erika S. Labelle
1. Annual Reporting Requirements
2. Dealing With Other Tax Returns
3. Complying With Rules on Disclosures and Solicitation
4. Revocation of Exempt Status; Retroactive Effect
5. Appeal of Adverse IRS Determinations; Administrative Remedies
3. DEALING WITH UNRELATED BUSINESS INCOME
   11:00 - 12:00, Nathan M. Boyce, Keith J. Kehrer and Erika S. Labelle
1. What Constitutes Unrelated Business Income
2. Taxation of Unrelated Business Income
3. Exceptions to Unrelated Business Income
4. INTERMEDIATE SANCTIONS
   1:00 - 2:10, Nathan M. Boyce, Keith J. Kehrer and Erika S. Labelle
1. Private Inurement
2. Excess Benefit
3. Private Benefit
4. Self-Dealing
5. LOBBYING AND CAMPAIGN ACTIVITIES
   2:25 - 3:35, Nathan M. Boyce, Keith J. Kehrer and Erika S. Labelle
1. Substantial Part Test
2. 501(h) Election
3. Political Campaign Prohibition
4. 501(c)(4) Alternative
6. THE IMPACT OF SARBANES-OXLEY AND THE ERA OF CORPORATE GOVERNANCE ON NONPROFIT ORGANIZATIONS
   3:35 - 4:40, Nathan M. Boyce, Keith J. Kehrer and Erika S. Labelle
1. Sarbanes-Oxley: A Brief Walkthrough of the Act
2. Applicability of Sarbanes-Oxley to All Companies (Public/Nonpublic)
3. Form 990 Policies
4. Board Governance Considerations
5. IRS Best Practices

NATHAN M. BOYCE is a member of Bryan Cave LLP's Tax Exempt & Charitable Planning Team, the Corporate Finance and Securities Group and the Technology, Entrepreneurial and Commercial Practice Group. His practice focuses on corporate and tax issues related to tax-exempt organizations. Mr. Boyce has helped several public charities, charitable trusts and other tax-exempt organizations obtain tax-exempt status under various subsections of Section 501(c) of the Internal Revenue code. He has advised numerous public charities on tax-related issues including fundraising, commercial co-ventures, lobbying, political activities, private benefit, private inurement, excess benefit and unrelated business income. In addition, Mr. Boyce has advised private foundations on issues related to self-dealing, minimum distribution requirements, excess business holdings and taxable expenditures. He also has experience filing with the IRS Adjustments Unit and appealing revocation of 501(c)(3) status. Mr. Boyce also has experience working with the Missouri Attorney General's office; he represented a prominent Missouri public charity in an investigation by the Missouri Attorney General and successfully obtained a favorable ruling. Mr. Boyce also has experience advising on corporate issues and transactions, such as formation of non-profit organizations, formation of for-profit subsidiaries and non-profit corporate governance. In addition, he has advised on or conducted many non-profit mergers, including the consolidation of several related religious organizations, the merger of two churches and the merger of the two leading children's agencies in Missouri. He earned his B.A. degree, summa cum laude, from Brigham Young University and his J.D. degree from Stanford University. Mr. Boyce is a member of The Missouri Bar Association and the Bar Association of Metropolitan St. Louis.

KEITH J. KEHRER is a partner in the law firm of Bryan Cave LLP, where he is a member of the Tax Advice and Controversy Service Group and Co-Leader of the Tax Exempt & Charitable Planning Team. His practice focuses on issues related to tax-exempt organizations. Mr. Kehrer has advised numerous tax-exempt organizations on a variety of nonprofit corporate and tax-related issues under Section 501(c) of the Internal Revenue code, including issues related to the organization, qualification, combination, merger, and dissolution of tax-exempt organizations, lobbying, private inurement, excess benefit and unrelated business income. He has also advised numerous private foundations, including grantmaking, family and operating foundations, on issues related to self-dealing, minimum distribution requirements, excess business holdings, jeopardizing investments, taxable expenditures and foreign activities. Mr. Kehrer has also advised supporting organizations, employer-sponsored charities, governmental entities, social welfare organizations, trade associations, business leagues, title-holding companies and social clubs regarding issues specific to such organizations. He also has advised nonprofit and tax-exempt organizations in connection with IRS audits, IRS appeals, and Attorney General investigations. Mr. Kehrer teaches a class regarding tax-exempt organizations as an adjunct professor at Washington University School of Law. Mr. Kehrer is Co-Chair of the Tax-Exempt Organizations / Nonprofit Law Committee of the Bar Association of Metropolitan St. Louis, and a frequent speaker regarding nonprofit and tax-exempt organization issues. Mr. Kehrer is also a certified public accountant. He earned his B.S. degree, cum laude, and his M.S. degree from Southern Illinois University-Edwardsville, his L.L. M. degree from New York University and his J.D. degree from Washington University. Mr. Kehrer is a member of the Bar Association of Metropolitan St. Louis (co-chair, Tax-Exempt Organizations/ Nonprofit Law Section), American Bar Association (Tax Section, Exempt Organizations Committee), American Institute of Certified Public Accountants (Tax Section) and the Estate Planning Council of St. Louis.

ERIKA S. LABELLE is a member of Bryan Cave LLP's Tax Advice and Controversy Client Service Group and Tax Exempt & Charitable Planning Team. Her practice focuses on issues related to tax-exempt organizations. Her experience involves advising public charities and private foundations on a variety of legal issues, including qualification for exempt status, public charity and supporting organization classification, private inurement, unrelated business tax, self-dealing and political activities. Ms. Labelle's practice also includes securing tax-exempt status for title-holding companies and social welfare organizations. She also has assisted with the conversion from private foundation to public charity and has successfully represented several tax-exempt organizations before the Internal Revenue Service in connection with the removal of penalties and excise taxes. Ms. Labelle earned her B.S. degree and her M.S. degree from Purdue University, her J.D. degree from St. Louis University and her L.L.M. degree from the University of Florida.

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