Events/Speaking Engagements
Legal Quick Hit: “Intermediate Sanctions: Why You Should Be Concerned about Excess Benefit Transactions and How You Can Avoid Them” for the Association of Corporate Counsel's Nonprofit Organizations Committee
Speaking Engagements
Nonprofit Event Types
Related Topic Area(s):
Tax and Employee Benefits
March 9, 2010
Association of Corporate Counsel
Nonprofit Organizations Committee
Legal Quick Hit (Audioconference)
Jeff Tenenbaum and Matt Journy are presenting a Legal Quick Hit to the Association of Corporate Counsel's Nonprofit Organizations Committee entitled, “Intermediate Sanctions: Why You Should Be Concerned about Excess Benefit Transactions and How You Can Avoid Them.”
Presentation Description: This Legal Quick Hit will provide an overview of the Intermediate Sanctions provisions of Internal Revenue Code § 4958, including a description of what is an excess benefit and who the Intermediate Sanctions provisions apply to, a description of the penalties for receiving or approving an excessive benefit, the Internal Revenue Service’s current enforcement efforts, and tips for how to avoid entering into excess benefits transactions.