Current Edition
March 16-13, 2007
Last Issue:
March 1-15, 2007

U.S. May Prosecute For False 1023,
Failing to Report Changes on 990
Government claims group obtained exemption by fraud,
failed to report new activities in support of jihad

Full Article (free)

Heir Can’t Recover When CRUT
Principal Is Not Replaced by Insurance
Court says financial advisers are not liable when mother
funded CRUT before obtaining insurance to provide for son

Free Preview | Full Article

Federal Volunteer Protection Act Defense
Is Not Basis for Removal to Federal Court
Jurisdiction is based on allegations of complaint,
not on defense that raises a federal question

Free Preview | Full Article

BEHIND the NUMBERS
SAS 112:  Internal Controls Take Center Stage
By Eric Fraint, President
Your Part-Time Controller, LLC

Free Preview | Full Article

Issues Notes

  • Kramer, Sikes to speak at PBI Conference
  • Thursday with the Editor, May 10

To the Point

Who should appoint the auditors for a nonprofit? 
Answer

Lessons from Litigation  Full Article

  • Donor list is deemed trade secret;
    former employee enjoined from keeping copy
  • Do directors continue if not re-elected?
  • Directors can’t dissolve without members’ vote
  • Court dismisses claim against judge who stopped referrals

Tax Matters Full Article

  • Girl Scout store is exempt from tax
  • Are club pro-shop, restaurant “commercial” uses?

Employment Law Full Article

  • Red Cross CEO fired, denied funds
    for counsel in investigations

Say That Again


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