Tax Court calculates excess benefit tax on state senator

The Tax Court has finalized the excess benefits taxes and penalties due from a former Pennsylvania state senator who was previously convicted criminally on 137 counts of fraud, obstruction of justice and willfully aiding or assisting in filing false tax returns.   The excess benefit taxes were due on benefits he had improperly obtained from a charity for which he was considered a “disqualified person.”  (See Nonprofit Issues^®, Vol. XXXI, No. 3).