Tuesday, May 15, 2018
6:30 p.m. — 7:30 p.m.

The loss of federal tax-exempt status can be disastrous for a nonprofit. Yet, status can be lost due to relatively minor clerical errors that can occur in under-resourced or otherwise troubled nonprofit organizations. In this class, learn how to help your nonprofit clients mitigate the impact of the loss of federal tax-exempt status and effectively seek reinstatement from the IRS.

Class covers:

• How federal tax exempt status can be lost
• Impact of loss on nonprofit operations
• Planning during lapse to mitigate impact and ensure nonprofit's survival
• How to seek reinstatement of federal tax-exemption: procedure and strategy

Earn 1.0 hour general MCLE credit.

Presented by Louis E. Michelson and Barbara Fortson:

Louis E. Michelson focuses his practice on income tax planning, charitable giving and other federal, state and local taxation issues. He advises public charities, private foundations, religious and educational organizations, and others on issues of formation, management, joint ventures, planned giving and board governance. He has served as Chair of the Taxation Section of the Los Angeles County Bar and the Tax-Exempt Organizations Committee of the Taxation Section of the State Bar.

Barbara Fortson has practiced law for over 20 years in the United States and Europe, as a transactional attorney, litigator and nonprofit general counsel. After working at large international firms, she transitioned to commit full-time to charitable causes in 2001, working with Catholic Charities and International Medical Corps. Recognizing the substantial need of nonprofits for competent and specialized legal services, Ms. Fortson opened her own law practice in 2016.

No legal advice:
LA Law Library provides access to legal resources and assistance with legal research. LA Law Library does not provide legal advice. For legal advice, you should consult an attorney.

Registration fees: $35 for the class
Non-refundable, payment reserves spot
Parking options available during online registration for an additional fee