Please note: The presentation materials available below have not been updated and may have been rendered inaccurate by subsequent changes in law.
“Private Foundation Compliance & Reporting,” NBI video webinar, October 30, 2023
Len co-presented a webinar on various legal issues relevant to private foundations. He provided an overview of the topics and presented a session on Identifying and Resolving Common Compliance Issues related to self-dealing, minimum distributions, program- and mission-related investments, and grantmaking. For more information, please visit the National Business Institute website, https://www.nbi-sems.com/ProductDetails/Private-Foundation-Compliance-Reporting/OnDemand-Video/97411SVDM_3979905.
“Mastering UBTI,” NBI video webinar, April 5, 2022
Len presented an advanced-level webinar on the federal Unrelated Business Income Tax (UBIT), including the new “silo” rules. For more information, please visit the National Business Institute website, https://www.nbi-sems.com/ProductDetails/Mastering-UBTI/OnDemand-Video/91837SVDM_3651176.
“Private Foundation Compliance & Reporting,” NBI video webinar, January 18, 2022
Len co-presented, with Paul M. Roy of Withers Bergman LLP, a webinar on various legal issues relevant to private foundations. Len provided an overview of the topics and a presentation on board composition, governance, and transparency. For more information, please visit the National Business Institute website, https://www.nbi-sems.com/ProductDetails/Private-Foundation-Compliance-Reporting/OnDemand-Video/91454SVDM_3601207.
“Tax Reform: Big Changes for Tax-Exempt Organizations,” NBI teleconference, February 14, 2020
Len presented a teleconference on recent federal tax law changes affecting tax-exempt organizations. For more information, please visit the National Business Institute website, https://www.nbi-sems.com/ProductDetails/84965ER?ctname=SPKEM.
“Tax Exempt Organizations Boot Camp,” NBI live seminar in Portland, Maine, August 20, 2019
Len presented several sessions at a full-day live seminar for attorneys, accountants, and nonprofit organization directors and officers entitled “Tax Exempt Organizations Boot Camp”, sponsored by National Business Institute (NBI). The seminar was held in Portland, ME. For more information, please visit the National Business Institute website, https://www.nbi-sems.com/ProductDetails/82921ER?ctname=SPKEM.
“Top Mistakes Nonprofits Make,” NBI live seminar in Portland, Maine, December 5, 2018
Len presented several sessions at a full-day live seminar for attorneys, accountants, and nonprofit organization directors and officers entitled “Top Mistakes Nonprofits Make”, sponsored by National Business Institute (NBI). The seminar was held in Portland, ME. For more information, please visit the National Business Institute website, https://www.nbi-sems.com/ProductDetails/81206ER?ctname=SPKEM.
“Tax-Exempt Organizations: Fundamentals and Beyond,” Maine State Bar Association, March 28, 2017
Len presented several sessions at an upcoming seminar sponsored by the Maine State Bar Association. Participants attended a morning session focusing on nonprofits law fundamentals, an afternoon session covering selected topics in more depth, or both sessions. The seminar was held at the Garden Inn in Freeport and was webcast as well. For more information, please visit the MSBA web site, https://mainebar.site-ym.com/events/EventDetails.aspx?id=926805.
“Nonprofit Issues: UBIT and UPMIFA” at the Saint Joseph’s CPA Workshop, October 20, 2016
Len presented a seminar on the federal Unrelated Business Income Tax (UBIT) and Maine’s Uniform Prudent Management of Institutional Funds Act (UPMIFA).
For more information, please visit the Saint Joseph’s College CPA Workshop website.
“Tax Exempt Organizations-Federal and State Issues”, at the 2016 Maine Tax Forum, November 2, 2016
On November 2, at 1:30pm, Len presented a session at the 2016 Annual Maine Tax Forum at the Augusta Civic Center, on the topic of “Tax Exempt Organizations- Federal and State Issues”
Maine Tax Forum (MTF), held this year on November 2nd & 3rd at the Augusta Civic Center, is a two-day program especially beneficial to experienced professionals providing tax advice to clients and assisting with more complex tax situations. Maine professionals engaged in tax, accounting and legal client service practices that are impacted by annual changes in the federal and state tax laws, will benefit from the in-depth presentations from experts with years of professional service practicing in Maine.
Subjects included Ethics, Federal & State updates, and new IRS initiatives. All subjects are approved for continuing education credits by the Maine Board of Accountancy and the Maine Board of Overseers of the Bar. Most subjects, including Ethics, are also approved by the IRS for continuing education credit.
For more information, please visit the Maine Tax Forum website.
SCORE Maine is the official presenter of two annual educational programs that provide tax preparers, enrolled agents, CPAs and legal professionals with updated information about annual changes in Maine and Federal tax laws. The Tax Practitioner Institute (TPI) and the Maine Tax Forum (MTF) both provide continuing education credits.
“Tax-Exempt Organizations: New Requirements and Regulations” June 8, 2016 teleconference
Title: Tax-Exempt Organizations: New Requirements and Regulations
Date: 06/08/16, 2:00 pm – 3:30 pm EST
Len presented this live teleconference sponsored by National Business Institute (NBI). Click here at www.nbi-sems.com for information. The agenda was as follows:
- Top Tax-Exempt Legal and Tax Areas Currently Under Radar
- UBIT Developments
- Contributions, Fundraising, Charitable Giving and More
- Changes to Contribution Rules and Regulations
- New Multistate Registration and Filing Portal
- Planned Giving Developments
- New IRC Rulings and Opinions Regarding Qualification, Denial, Revocation of Tax-Exempt Status
- Current Status of Political Activity Restrictions
- It’s Election Year! Prospective Tax Reforms’ Impact on Tax-Exempts
CPA Workshop, Nov. 19, 2015
On November 19, 2015, presented a seminar on tax-exempt organizations as part of the St. Joseph’s College CPA Workshop. https://www.sjcme.edu/
“Ultimate Guide to Tax Exempt Organizations in Maine” 2-Day Practical Course, Aug. 25-26, 2015:
On August 25 and August 26, 2015, Len presented several sessions at a comprehensive 2-day course for attorneys, accountants, and nonprofit organization directors and officers entitled “Ultimate Guide to Tax Exempt Organizations in Maine”, sponsored by National Business Institute (NBI). The seminar was held in Portland, ME.
Program Description:
Establishing and operating a tax exempt organization is a complex task that requires advice from knowledgeable professionals. Learn the practical strategies you need to guide a tax exempt client through the life cycle of IRS application and yearly compliance. This double-length course will provide comprehensive information covering Form 1023 filing, state tax exemption applications, handling contributions, and more. Our experienced team of attorneys and accountants will show you how to handle the challenges and opportunities that arise in every tax exempt organization. Gain confidence in your ability to successfully advise tax exempt organizations.
Len will speak about Formation/Incorporation of a Tax Exempt Organization, Ethics for Nonprofit Advisers, Unrelated Business Income Tax (UBIT), UPMIFA Compliance: Managing and Spending Endowment and Institutional Funds, and Unique Industry Issues and Current Trends.
Nonprofits and the Tax Reform Act of 2014: What Board Members and Executive Directors Need to Know! (Live Teleconference)
Len presented a live NBI teleconference on January 20, 2015, on Nonprofits and the Tax Reform Act of 2014: What Board Members and Executive Directors Need to Know!
Click here to view the materials for this Nonprofits and the Tax Reform Act teleconference.
UPMIFA: Financial Implications
October 3, 2014 MANP Nonprofit Finance Conference.
At this conference, Len talked about UPMIFA (Uniform Prudent Management of Institutional Funds Act), a state statute that provides rules for management and investment of certain funds held by charitable institutions, spending of funds donated as “endowments”, and obtaining relief from donor restrictions. Presentation agenda:
•What is UPMIFA? The Basics
•UPMIFA Over the Life of an Endowment Fund
NBI seminar “Nonprofit and Tax-Exempt Organization Guide”
Len presented a full-day seminar titled “Nonprofit and Tax-Exempt Organization Guide” in Portland on October 17, 2013. The event was sponsored by National Business Institute (NBI) and included presentations by other nonprofits-law specialists, as well. Topics included nonprofit governance, tax, and accounting issues.
The Legal and Financial Aspects of Creating and Operating Nonprofits
The IRS has intensified its enforcement efforts and continues to revoke tax-exempt status for a growing number of organizations. Are your legal, accounting and business practices in compliance with the complex regulations governing nonprofits? This practical course offers essential strategies for creating and operating a successful tax-exempt organization that complies with laws and disclosure requirements. Get sample forms and detailed instruction on tax reporting, calculating UBIT, the definition and handling of endowments, and director duties and liability.
•Learn which Form 990 to file, what info is required, and walk through a prepared full Form 990.
Regulation of Charitable Solicitations, Boston Bar Association, April 2013
On April 30, Len presented a seminar to the Boston Bar Association’s Tax-Exempt Organizations Section titled “Regulation of Charitable Solicitations: We Can Do Better!”. This presentation was also broadcast online at West Legal EdCenter. Thank you to all who attended!
Seminar Description: This presentation will begin with a brief overview of state charitable solicitation laws, followed by a discussion of the real-world impact of these laws. Current hot topics will then be discussed, along with an innovative proposal for bringing solicitation regulation into the Digital Age. There will be time at the end to ask questions and share ideas and experiences.
View the “Regulation of Charitable Solicitations” presentation materials here.
501(c)(3) Collaborations: Opportunities and Issues
Len spoke about “501(c)(3) Collaborations – Opportunities and Issues”, at NEI-MeHAF (Maine Health Access Foundation) Community of Learning in Lewiston, ME, on June 27, 2012. Overview: This presentation discussed collaborations between 501(c)(3) organizations… short of merger. The possibilities are endless. There are many legal issues that may arise in a collaboration, and collaborations with a non-501(c)(3) entity raise additional issues. Engage a lawyer with expertise in the relevant fields of law.