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Area: Nonprofit & Charitable Organizations
Group: Business & Corporate Services
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Lanier Ford Shaver & Payne is experienced in creating and advising nonprofit and charitable organizations, such as private foundations, churches, schools and colleges, business leagues, political parties, and country clubs. Although these organizations are typically tax exempt, a nonprofit or charitable organization may have to pay an unrelated business income tax (UBIT) on income from any business operations that don’t advance the organization’s tax-exempt purpose.
Our attorneys provide assistance in obtaining tax-exempt status. Thereafter, they advise these organization on activities that may result in UBIT liability or loss of tax-exempt status. Furthermore, our attorneys provide advice on record-keeping requirements, organizational structure and governance, limitations on legislative and political activities, charitable deductions, and numerous other related issues.
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The following attorneys practice in this area: