April 1, 2010 to April 15, 2010
Lead Stories
Director’s Advances to Charity Lost in Bankruptcy
Court denies nearly $1 million in “loans” not documented and made without authority
Court Can’t Reduce Penalties On Nonprofits Filing Late Tax Returns
Tax Code gives courts no discretion to override amounts set by statutory formulas
Dissolved Foundation Lacks Standing to Contest Use of Gift
Court says grant did not create either constructive or resulting trust
To the Point
Can we sell ads in our nonprofit newsletter?
Can we sell ads in our nonprofit newsletter?
Lessons from Litigation
Tax Matters
Employment Law