Articles

Suppose a trade association, in response to a wave of mergers and consolidations in its industry, desires to narrow its focus and represent only a certain segment of the industry – only small, independent members of the industry, for instance,… Read More

One of the most useful planning tools available to trade and professional associations is the use of related educational, charitable and scientific foundations. For a variety of important reasons, associations for years have established and operated… Read More

In order to effectively perform their duties, association CEOs must have a basic understanding of the federal tax laws as they apply to the tax-exempt status, income, meetings, educational programs, publications, lobbying, standard setting, certifica… Read More

One of the most useful planning tools available to associations is the use of taxable subsidiaries to carry on unrelated business activities. Whether it is to preserve tax exemption, generate revenue, limit legal liability, or for other legal, politi… Read More

Although trade and professional associations are granted a general exemption from federal income tax by the Internal Revenue Code (Code) – for income from activities that are substantially related to the purposes for which the association’s tax-e… Read More

The following is a high-level summary and explanation of the key provisions in most hotel and convention center contracts in connection with association meetings and conferences. Note that while some of the article provides some negotiating tips and… Read More

Contributions made to 501(c)(3) tax-exempt organizations (referred to hereinafter as “charities”) are only deductible as charitable contributions for federal income tax purposes if they are made with donative intent and to the extent that… Read More

In-house attorneys are wielding increasing and enormous power in the running of corporate America. Attorneys these days play leading, not just supporting, roles, getting involved in virtually every kind of business decision. Theirs are the minds that… Read More