Form 990 Nonprofit Tax Compliance and Governance Explored

Seth Perlman is Senior Partner at Perlman & Perlman, LLP a leading provider of legal counsel to nonprofits, fundraising professionals and social enterprises. Mr. Perlman has been advising philanthropic organizations for more than two decades. Among his clients are large public charities, private foundations, and Fortune 500 companies that have embarked on philanthropic endeavors.Mr. Perlman has litigated in several state and federal jurisdictions on issues relevant to the philanthropic community. He has advised Congress and state governments on legal and regulatory issues relevant to philanthropy.Mr. Perlman is the author of Fundraising Regulation, a handbook on the regulatory requirements and procedures for nonprofits soliciting contributions on a state-by-state basis. Mr. Perlman received the Outstanding Nonprofit Lawyer Award from the American Bar Association in 2009 for distinguished service by an attorney practicing nonprofit law.

David is a Tax Senior Manager within firm’s Not-for-Profit Practice. David has 15 years of experience working with a diverse group of not-for-profits including social service organizations, arts and cultural institutions, trade and professional associations, economic development organizations, private schools, private foundations, and colleges and universities. He provides not only technical review of not-for-profit tax returns but also is involved in complex tax consulting and planning.David has recently helped clients on a variety of not-for-profit tax issues including Form 990, Form 990-T, qualification and preservation of tax exemptions, executive compensation and ASC 740-10 “Accounting for Uncertainty in Income Taxes”(formerly known as FIN 48). He has also represented clients before the Internal Revenue Service at both the examination and appeal levels.David holds a BA in History from the University of Wisconsin–Madison, a JD from the University of Miami (Florida) and an LL.M in Taxation (with distinction) from the Georgetown Law Center. He is a member of the AICPA, the Illinois CPA Society, the Tax Section of the American Bar Association and the Chicago Bar Association. He currently serves as the Chair of the CBA – Trade and Professional Association Committee. He was recently appointed to a three year term on the IRS Great Lakes TE/GE Council – a group of elite practitioners.

Kevin provides audit, tax and business consulting services to clients in a variety of fields, with a special emphasis in the not-for-profit industry. As a partner with over twenty-five years of experience, he brings broad expertise to his clients’ challenges.Kevin is an expert in the not-for profit sector, providing audit services to a number of charter schools in the Philadelphia area. He is on the local board of directors of the Leukemia and Lymphoma Society where he was the past National Secretary and Treasurer. Additionally, Ryan served as the Vice- Chairman of the organization’s National Audit Committee. He has also sat on other not-for-profit boards over the years.He is a licensed Certified Public Accountant in Pennsylvania and is a member of PICPA and AICPA. Kevin is a member of the firm’s Executive Committee. He has also served as an adjunct professor and is currently serving a two year term as the Chairman of the board of the Eastern, PA chapter of the Leukemia and Lymphoma Society. He holds a bachelor’s degree in accounting from Temple University

Paula has over 15 years of experience and has recently been named the tax leader of the firm’s Not-for-Profit Organizations Practice. Paula has significant experience in reviewing and overseeing the preparation of Form 990s and Form 990-PFs on behalf of the firm’s not-for-profit clients. She is also an expert in international tax matters, including expatriate issues, and has worked with closely held private businesses to help them run more efficiently and profitably.Paula is a member of the AICPA and the NJSSCPA. She is involved in the Women in Business section of the Morris County Chamber of Commerce and is a Girl Scout Leader. Paula graduated magna cum laude from Fairleigh Dickinson University with a B.A. in accounting and has earned her master’s in taxation at Seton Hall University

Linda M. Lampkin heads the Washington, DC, office of ERI Economic Research Institute and is the com-pany’s expert on nonprofit issues. Previously, as director of the National Center for Charitable Statistics at the Urban Institute, she worked with the IRS on the Form 990 revision and improvement of nonprofit reporting, with the goal of developing databases that make 990 data useful to researchers and practitioners. She co-authored the New Nonprofit Almanac and numerous research papers on the nonprofit sector. After a 30-year career as an economist working for various nonprofits and labor unions, she joined ERI seven years ago. She holds a BS in Eco¬nomics and an MS in Labor Economics from Cornell University

Mr. Moreland has specialized in tax issues that impact health care and not-for-profit organizations for over 10 years, working in both private industry and the public accounting sector. His focus is on tax planning and compliance for the tax exempt entities and related subsidiaries. Mr. Moreland works with clients to identify exposure to items such as excess benefit transactions, unrelated business income and other issues unique to tax exempt organizations.