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PFS2104

Troublesome Taxable Expenditure (Section 4945) Issues

Date
November 17, 2021
$49
Standard Price
This product is also available as part of the following products:
Thumbnail for 2021 AICPA & CIMA National Tax & Sophisticated Tax Conferences with Private Foundation Summit
This includes sessions from the conference: 2021 AICPA & CIMA National Tax & Sophisticated Tax Conferences with Private Foundation Summit

Establish focused objectives to meet the challenges of grants to relieve pandemic, disaster, hunger, or other social needs include. Institute best practices that create a framework for improved decision-making. Understand different and complex rules that govern how private foundations, including corporation foundations, can make a grant to an individual, a charity, a non-exempt community group or a business to accomplish the charitable purpose. Design the grant application or proposal and review reports that contain data and information to document chosen grantee(s) comply with tax code and record-keeping requirements.

Learning Objectives

  • Consider examples of activities a Private Foundation can conduct not necessarily implied by the tax code.
  • Understand broad scope of permissible expenditures not necessarily implied by strict reading of the tax code.
  • Learn the permissible breadth of the terms "Travel, Study, or Similar Purposes."

Speakers

Speaker Image for Jody Blazek
Partner, Blazek & Vetterling
Speaker Image for Jeffrey Haskell
Jeffrey D. Haskell, J.D., LL.M. (Taxation)
Chief Legal Officer, Foundation Source

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