The Tax Law of Associations

Written by Bruce Hopkins, the country's foremost expert on nonprofit law, The Tax Law of Associations offers a complete analysis of the federal law of tax-exempt associations and summarizes the law concerning acquisition and maintenance of associations' tax exemption.

This authoritative guide explores every facet of tax law applicable to exempt associations, including the private inurement doctrine, the intermediate sanctions rules, lobbying rules, and the unrelated business sanctions as well as:

• The role of associations in society
• Forms of associations
• Tax exemption for business leagues and similar organizations
• Private benefit and excess benefit transactions
• Legislative and political activities
• For-profit subsidiaries and limited liability companies
• Partnerships and joint ventures
• Association-related foundations
• Charitable giving and fundraising

This is a must-have resource for lawyers, association executives, nonprofit executives, officers, directors, accountants, members of boards, and consultants. Providing detailed documentation and citations, an exhaustive index, tables of cases, and IRS rulings, The Tax Law of Associations is comprehensive and authoritative, filled with references to regulations, rulings, cases, and tax literature, including current articles and tax law review notes.