The most comprehensive and ambitious effort I've seen to compileand discuss, in one resource, all of the issues and informationabout this crucial topic. Nonprofit executives, managers, legalcounsel, and trustees all can benefit from this useful andinformative book.
—J. David Seay, vice president, secretary, and counsel, UnitedHospital Fund
Bookman provides nonprofit leaders with a comprehensive examinationof federal, state, and local laws affecting nonprofit organizationsand recommAnds actions nonprofits can take to protect theirorganizations tax-exempt status.
Using case studies extensively, he explains such crucial matters aspreparing for an IRS audit, reporting unrelated business income,responding to claims of unfair competition, and fighting challengesto nonprofits' property tax exemption.
Protecting Your Organization's Tax Exempt Status demonstrates howfederal tax law applies to specific segments of the nonprofitsector. Discusses actual IRS audits of nonprofits, shows hownonprofits can develop positive community relations, and reviewscongressional hearings on federal tax exemptions for nonprofits.