We take a multi-disciplinary team approach, integrating strong business and tax planning with employment law, real estate, dispute resolution and administrative law focuses from a variety of CPM attorneys to provide cost-effective and comprehensive legal and tax solutions to our non-profit and tax exempt entity clients.
Tax exempt organizations are, at their core, business operations, whether they focus on educational, religious, scientific, support, vocational, arts, culture or human services mission focuses. Our clients routinely face funding challenges generated by the current economic conditions and therefore seek to generate alternative revenue sources from fundraising, grant-writing, governmental and private programs and grants and operational sources.
Our lawyers are skilled at reviewing and recommending policies and procedures for the vast array of challenges faced by non-profit and tax exempt entities, including whistleblower, document retention and destruction, unrelated business income, conflicts of interest and general board governance. The imposition of scrutiny arising from the revision of IRS Form 990 (Tax Return of Tax Exempt Organization) has increased the need for these types of policies, and our planners assist clients with development, review and continuing monitoring of such policies to fit within the reach of the federal and state legal structure.
Carlile Patchen & Murphy’s tax exempt organizations and non-profits team offers planning expertise in the following general areas: