The nonprofit, tax-exempt sector is a vibrant part of our economy and our society’s identity. It is also a growing and interesting legal practice area. This course introduces students to the legal life cycle of tax-exempt organizations from formation to dissolution. Despite their name "tax-exempt" organizations, there are a lot of federal and state tax laws that pertain to tax-exempt organizations. There are laws regulating nonprofit board member responsibilities, fundraising, commercial activities, political involvement, and legislative activity. These laws affect organizations as diverse as religious organizations and social clubs. Some organizations provide services, but others’ primary mission is the dissemination of ideas. In a society that values innovation and volunteerism, laws regulating tax-exempt sector activity must strike a balance between collecting tax revenues and foregoing tax revenues to facilitate unique, positive contributions by tax-exempt organizations. While covering the basic tax laws regulating the tax-exempt sector, we will be considering whether a fair and efficient balance has been struck. There are no prerequisites for this course. Students should be aware that class attendance/participation is mandatory. Also, students should expect short graded and ungraded written assignments in addition to a final exam.
Administrative Law & Government Regulation - Economic and Consumer Regulation;
Health Care & The Law;
Taxation & Public Finance;
Critical Race Studies;