May 21, 2012

Polsinelli Shughart's Bruce R. Hopkins testified before the House Ways and Means Subcommittee on Oversight concerning tax-exempt organizations. The hearing, May 16, 2012, focused on certain current issues related to tax-exempt organizations, including the current IRS compliance initiative related to Universities, recently enacted reporting requirements for tax-exempt hospitals, recent efforts by tax-exempt organizations to design and implement good governance standards, and taxpayer involvement in redesigning the Form 990. This hearing is part of the process expected to lead to tax reform during the next Congress. 

To read the testimony, click here

About Bruce Hopkins

Specializing in the areas of corporate law and taxation, Bruce R. Hopkins’ emphasis is on nonprofit organizations. His clients include charitable and educational organizations, associations, colleges, universities, hospitals, other health care providers, religious organizations, business and professional associations, and private foundations.

Many nonprofit organizations retain Mr. Hopkins as general counsel; others use his services as special tax and/or fundraising counsel.Nonprofit organizations work with Mr. Hopkins to establish and qualify for tax exemption and to establish and operate charitable and fundraising programs. Mr. Hopkins advises on matters such as public charity/private foundation qualification, intermediate sanctions, lobbying, political activities, the unrelated business income rules, and nonprofit involvement in partnerships and other joint ventures. Collateral areas of law, such as postal laws and charitable fundraising regulation, also come under Mr. Hopkins’ watchful eye