The Tax Law of Private Foundations - 6th Edition by Shane T Hamilton & Bruce R Hopkins (Hardcover)

About the Book

"Private foundations, although constituting a relatively small portion of the charitable community, are burdened with extensive federal tax law requirements that belie their numbers, and substantially regulate and circumscribe their operations. This body of law has steadily grown since its inception as a considerable portion of the Tax Reform Act of 1969. This book came about in reflection of this expanding and expansive aspect of the law pertaining to these unique forms of tax-exempt organizations. This book will capture and summarize this law, and provide guidance as to compliance with it. With Private Foundations: Tax Law and Compliance, 6th Edition, Bruce R. Hopkins and Shane Hamilton bring clarity, real-world examples, and checklists to help accountants, lawyers, and executives of tax-exempt organizations deal with the burdensome process of complying with IRS regulations governing private foundations"--

Book Synopsis

Insightful analysis and clarification of private foundation tax law combined with hands-on practice tools that make compliance simpler

Now in its sixth edition, The Tax Law of Private Foundations by Bruce Hopkins and Shane Hamilton serves as the ultimate reference for navigating the intricate regulatory landscape faced by private foundations. This comprehensive book is regularly updated to incorporate the latest changes in tax law, providing executives and professionals with valuable clarification, expert insights, and practical instruction.

With each edition supplemented annually, readers can rely on the book to remain current and relevant. It offers a clear and concise summary of the tax laws and regulations governing private foundations, unveiling the logic underpinning the rules. Readers will also find:

• Critical analyses and considerations of existing laws and regulations
• Expert guidance on obtaining or maintaining your foundation's tax-exempt status
• In-depth explanations of the procedural and administrative requirements for dealing with a violation of the private foundation rules

An indispensable resource, this latest edition caters to individuals with personal or professional interests in private foundations, offering authoritative guidance and illuminating explanations in an intricate and perplexing area of the law. Whether navigating the complexities of compliance or seeking deep insights, this book remains the gold standard for understanding and managing the complexities of private foundation taxation.

From the Back Cover

The Tax Law of Private Foundations

Explore and understand the complex legislative and regulatory requirements governing private foundations

In the Sixth Edition of The Tax Law of Private Foundations, esteemed practitioners Bruce Hopkins and Shane Hamilton provide essential guidance for navigating the intricate regulatory landscape faced by private foundations. This fully updated and annually supplemented book offers expert insight to facilitate compliance with the complex and always evolving federal tax laws.

You'll discover the essential framework for understanding the excise taxes and other tax law rules that apply to private foundations, clear explanations of the pertinent statutes and regulations, rulings, and court opinions. You'll also find in-depth explanations of the procedural and administrative requirements for dealing with a violation of these private foundation rules.

As the go-to resource for professionals and individuals involved with private foundations, the latest edition of The Tax Law of Private Foundations offers authoritative and illuminating explanations of this elaborate area of the law. Lawyers, accountants, tax professionals, and foundation managers will stay informed and find themselves well equipped to confidently navigate the complexities of private foundation taxation with this indispensable reference.

About the Author

SHANE T. HAMILTON is a practicing lawyer with over two decades of experience representing tax-exempt organizations. He exclusively practices in the tax-exempt organizations field, with a special focus on company-sponsored and family-endowed private foundations.

BRUCE R. HOPKINS was a practicing lawyer for over 50 years in the tax-exempt organizations field, a prolific author of over 40 different books on nonprofit law, and a law professor. He spoke extensively at nonprofit and private foundation conferences nationally and internationally and was widely considered to be the "Dean of Nonprofit Law."