Deposition Testifying Tips for Beginners – Part II

We continue with more tips for the first-time deposition testifier. Read Part I here. More Easy Questions – You will be asked some more really easy questions related to such topics as the name of your employer, and a bit about your work history including your current position.  You may also be asked whether you …

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Determining Unrelated Business Income

In order to address cash flow problems, many not-for-profit organizations seek additional revenue streams in order to continue to carry out their missions.  But not-for-profit organizations should be aware of whether or not their activities are related to their organization’s exempt purpose. When activities are considered unrelated to the organization’s exempt purpose, the revenue earned …

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Deposition testifying tips for beginners – part 1

  If you are going to be testifying on a litigation matter for the first time, say at a deposition, and you have a pulse, you are probably experiencing a large amount of stress.  Here are a few tips that may alleviate some of that stress and make the going a little easier for you.  …

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Plan Fiduciary: Important Tasks and Dates to Remember

Are you a benefit plan fiduciary, or maybe you are the administrator for a benefit plan and work closely with the plan fiduciary? If you are, then hopefully this article will provide some key dates and tasks to remember; or, if you are currently aware of all these dates and tasks, then hopefully this article …

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Self Dealing in Private Foundations

Those involved in governance of private foundations need to be careful about certain types of transactions, or they can find themselves facing substantial excise taxes that are required to be paid directly by the individuals involved. The IRS defines certain types of transactions as “self-dealing” when they are carried out between the foundation and “disqualified …

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