Lawyers in the Tax-Exempt Organizations Practice possess an in-depth knowledge of tax law, as well as substantial experience representing a wide variety of tax-exempt organizations before the Internal Revenue Service (IRS), including traditional hospitals, colleges and universities, academic medical centers, trade associations, social service organizations and community organizations. Several of our lawyers have served in important positions within applicable regulatory agencies, such as the Internal Revenue Service.
The Tax-Exempt Practice has a long history of working with tax-exempt organizations on a variety of challenging issues. We have represented organizations before the IRS at all points in their life cycles, from the filing of initial exemption applications and requests for private letter rulings for specific transactions to examinations of an organization by the IRS. We regularly work with the boards of directors and management of tax-exempt nonprofit organizations engaged in a wide variety of transactions to ensure that they have taken all practical steps to comply with tax exemption requirements and avoid excise tax exposure. We advise on governance, executive compensation, corporate structure and compliance.
We have helped numerous clients develop creative strategies to comply with the restrictions on executive and deferred compensation arrangements imposed by the Internal Revenue Code.
Our Tax-Exempt Practice lawyers have taken a proactive leadership role in formalizing, documenting and presenting industry and client concerns to federal legislators and administrative bodies with respect to tax laws and policies. Lawyers in our Chicago, Philadelphia, New Jersey, Milwaukee and Washington, D.C., offices have represented clients and organizations before Congress, executive departments, the IRS and other administrative agencies. We constantly monitor and respond to proposed legislation and, when necessary, have sought and obtained targeted legislative relief on behalf of clients. Because the applicable tax laws, regulations and guidance are constantly evolving, we provide regular client communications and memoranda discussing tax developments and offer direct counsel regarding the impact of new tax laws, including proposals that are subject to modification.