The combination of new rules and increased IRS and state scrutiny makes this a particularly perilous time to be an exempt organization. Changes resulting from the Pension Protection Act of 2006, increased state regulation of charities, IRS modifications to its Tax Exemption application, and the first complete revision of the Form 990 Annual Tax Return in more than 30 years make this seminar a must for every attorney representing TEOs.

Get up to speed in nine critical areas:
• Organizational, operational, and liability concerns in establishing and maintaining your non-profit/TEO
• The Commonwealth's role in charitable solicitation
• The State Corporation Commission's role in the incorporation of non-stock corporations such as churches and other non-profits
• Basic tax rules for TEOs
• Unrelated Business Income (UBI)
• Impact of IRS Forms 1023 and 1024 on application for exemption
• Reporting to Uncle Sam - IRS Form 990
• Pension Protection Act of 2006
• Recent developments

Plus, 30 essential practice pointers to keep you out of the briar patch and on the right path.