(866) 303-9595 | (845) 764-9656
Schedule Consultation
 Facebooktwitterlinkedinyoutube    
Open/Close Menu World Class Attorneys, Hudson Valley Roots

Nonprofit 102 – Free Seminar:  March 26, 2019 Do you server as a member of a nonprofit board? Registration Required: Click here to register Join us for a free seminar designed for anyone who serves as an officer or member of the board of directors of a nonprofit organization or soliciting charitable contributions. Presenters:  Gary…

Facebooktwitterlinkedinmail

Nonprofit 101 – Free Seminar:  November 7, 2018 Do you server as a member of a nonprofit board? Registration Required: Join us for a free seminar designed for anyone who serves as an officer or member of the board of directors of a nonprofit organization or soliciting charitable contributions. Presenters:  Gary Schuster, Partner., and Kara…

Facebooktwitterlinkedinmail

Not-For-Profits 101             Perhaps your child plays a sport and you wish to serve on the board of directors for the youth sports organization.  Or, you are involved in your church and serve on a charitable entity created by your church community.  Perhaps you serve on the board of directors of your child’s nursery school,…

Facebooktwitterlinkedinmail

Handling Conflicts of Interests And Related Party Transactions While Serving On The Board of a Not-For-Profit Corporation Many community-minded people serve on the board of directors of not-for-profit entities.  Although motivated by a desire to serve their community in a volunteer capacity, such board members may suddenly find themselves confronted with a conflict of interest,…

Facebooktwitterlinkedinmail

The Duties of Not-for-Profit Directors  Not-for-profit organizations come in all shapes and sizes.[1]  From large universities and medical centers to tiny arts organizations and sports leagues, they are all subject to the same laws and regulations. At the federal level, the Internal Revenue Code provides exemption from income tax to a wide range of organizations. …

Facebooktwitterlinkedinmail

New Tax Law Affects Nonprofits The new tax law is quite lengthy and will require some time to review and analyze. However, the following provisions have been identified as having an effect on public charities. Increased standard deduction.  The standard deduction is increased to $24,000 for married individuals filing jointly, $18,000 for head-of-household, and $12,000…

Facebooktwitterlinkedinmail

Tax Law Changes Will Seriously Impact Nonprofits and the Rest of Us Last week I attended the annual board retreat of NYCON, the New York Council of Nonprofits. There was considerable discussion of the pending tax bill in Congress. According to New York State Comptroller DiNapoli, federal spending in New York during 2016 included $55…

Facebooktwitterlinkedinmail

Revisiting Related Party Transactions The New York Not-For-Profit Corporation Law was substantially amended in 2014. Among other things, those amendments introduced the concept of “related party transactions” in order to reduce the possibility of unlawful self-dealing by corporate insiders. A “related party” was defined as an officer, director or key employee of the nonprofit. A…

Facebooktwitterlinkedinmail

HOUSING IS INFRASTRUCTURE  Recently I attended two great events sponsored by two great organizations, each doing a remarkable job at making the Hudson Valley a better place to live.  First was an afternoon event sponsored by the Orange County Partnership discussing and providing an update on their efforts to attract new businesses and retain and…

Facebooktwitterlinkedinmail

The Creative Industries in Orange County As seen in the December 2016/January 2017 edition of Business Watch (The Orange County Chamber of Commerce Newsletter). When you mention the arts, people naturally think of paintings, galleries, concerts and theaters. Orange County has these, but there is more. Arts are part of what economists call the Creative Industries which…

Facebooktwitterlinkedinmail
Page 2 of 3 1 2 3
Pay your Invoice Credit Cards   

©2021 Jacobowitz and Gubits. All rights reserved.

Jacobowitz and Gubits Counselors at Law