Articles

The risks of legal action by a complainant, the accused, or a third party can be reduced by a thorough and effective inquiry and convincing documentation of the process

The IRS has listed 20 factors in determining whether a worker is an employee or an independent contractor, but, in the final analysis, control is the key

Federal statutes set forth employment-related records which must be preserved and the period for retention.

Nonprofits can reduce the risk of liability by avoiding questions that suggest illegal discrimination in hiring.

Accountants have been confused by state’s adoption of statute which permits trustees to set income as a percentage of fund value

Compromise bill allows small business to seek to enjoin unrelated commercial activity, imposes new financial accountability requirements

Big changes made for DAFs, SOs and general accountability; IRA rollover allowed for some direct gifts to charity

Donor Advised Funds and Supporting Organizations would face new restrictions to make them more “accountable”

Sen. Grassley looks at contribution deductions as means to slice away at difference between taxes due and taxes paid

Panel promises additional recommendations later; Grassley praises effort as beneficial

Proposals extend beyond tax regulation to give IRS, Tax Court authority over traditional state law concepts of fiduciary duty

Proactive review can reduce the risks of waking up to adverse publicity and loss of trust

Johnson Amendment remains to prevent electioneering, incentives for charitable giving eliminated for most taxpayers

Amendments clarify fiduciary duty to protect officers and directors, create new annual filing requirement and administrative dissolution