Governance + Tax Issues

Our lawyers help educational institutions navigate an increasingly complex and ever-changing regulatory landscape by providing practical advice on a wide range of governance and tax issues. We work with in-house counsel, boards, committees, and school administrators to develop and implement strategies for effective governance, including updating board policies and practices to reflect developments in state and federal laws. In addition to advising clients on state and local tax issues, our attorneys routinely counsel educational institutions on matters relating to their exempt status, such as private benefit and private inurement, intermediate sanctions and related compensation issues, and strategies around unrelated business taxable income and joint ventures. Our team has extensive experience in the following areas:

  • corporate bylaws and governance policies, including conflict-of-interest policies
  • board and committee structures and practices
  • 501(c)(3) compliance matters and IRS tax audits
  • Establishment and operation of affiliated or supporting organizations
  • Sales and use tax and real estate tax exemptions