Federal and State Tax for Trade Associations
Trade associations can enjoy tax-exempt status under federal and state law. Our Trade Associations tax attorneys focus much of their practice on representing organizations on tax-exemption compliance issues. Notably, the team includes a former chair of the Exempt Organization Committee of the American Bar Association Section of Taxation and several former IRS and other government officials. Our tax-related services include:
- Securing IRS recognition of initial tax exemptions
- Counseling with respect to unrelated business income
- Structuring joint ventures
- Drafting royalty, affinity, and sponsorship agreements
- Structuring tax-exempt bond transactions
- Counseling on Form 990 and related tax reporting and compliance matters
- Representation in IRS or state audits