Tag Archives: Exempt

A police officer's personnel records are exempt from disclosure pursuant to the Freedom of Information Law during and after he or she leaves public service

Public Officers Law §87[2][a]) provides that "[a]ll personnel records used to evaluate performance toward continued employment or promotion, under the control of any police agency . . . [,] shall be considered confidential and not subject to inspection or review … Continue reading

Posted in Administrative law | Tagged , , , , , , , , , , , , | Leave a comment

New Effort to Exempt Crypto Currency from Certain SEC, Tax and Other Regulatory Burdens

A new bill, the Token Taxonomy Act was introduced to congress to amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to exclude digital tokens from the definition of a security, to direct the Securities and … Continue reading

Posted in Business law | Tagged , , , , , , | Leave a comment

Opportunity to Minimize the New Tax on 501(c)(3) Exempt Organization Employee Parking

Due to the Tax Cuts and Jobs Act (“TCJA”) passed by Congress in December 2017, starting in 2018 many 501(c)(3) Exempt Organizations (“EOs”) are required to treat the cost of employer-paid qualified transportation and parking benefits as unrelated business taxable … Continue reading

Posted in Real Estate & Property Law | Tagged , , , , , , | Leave a comment

Ropes & Gray Podcast: Tax Reform and Its Impact on Exempt Organizations, One Year In

Podcast Attorneys from the tax exempt group at Ropes & Gray have produced a podcast summarizing the changes to tax laws pertaining to exempt organizations. Click on the Podcast link centered above to listen during your lunch time. The podcast… … Continue reading

Posted in Business law | Tagged , , , , , , , , | Leave a comment

The IRS Did Not Violate the First Amendment in Declining to Exempt Organizations to Help Marijuana Dealers

By Ellen P. Aprill Several commentators have called attention to the statement of the IRS in Revenue Procedure 2018-5, just reiterated in Rev. Proc. 2019-1, that it will not issue a determination letter recognizing exemption from income tax for “an … Continue reading

Posted in Tax Law | Tagged , , , , , , , , | Leave a comment