Denied Exemption Applications
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As managing partner, David brings a wide range of experience from more than 25 years in nonprofit tax consulting. He works with growing and established public charities, private foundations, trade associations, healthcare organizations, and higher education institutions. Devoted to thorough comprehension of the rules and regulations critical to charitable and tax-exempt entities, David helps enhance an organization's image with contributors, the media, and the general public. His areas of concentration also include unrelated business income, intermediate sanctions, obtaining and maintaining exempt status, executive compensation & benefits disclosures, IRS examinations, and state solicitation requirements.
For more information, please reach out to us for a free initial consultation.
For more information, please reach out to us for a free initial consultation.
For more information, please reach out to us for a free initial consultation.
For more information, please reach out to us for a free initial consultation.
For more information, please reach out to us for a free initial consultation.
For more information, please reach out to us for a free initial consultation.
On June 21, 2022, the U.S. Supreme Court decided to hear the United States. v. Bittner, No. 20-40597 (5th Cir. 2021) regarding the penalty for non-willful failure to report foreign bank accounts. The Fifth Circuit and Ninth Circuit Court of Appeals ruled differently on similar FBAR penalty dispute cases.BACKGROUND: The Bank Secrecy Act requires any U.S. individual or business to file a FinCEN Form 114, also known as FBAR, to report certain foreign financial bank accounts. Specifically, the taxpayer must report “a financial interest in or signature or other authority over at least one financial account located outside the U.S....
For more information, please reach out to us for a free initial consultation.
For more information, please reach out to us for a free initial consultation.
For more information, please reach out to us for a free initial consultation.
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