Tax advisors who provide advice to tax-compliance services for charitable and not-for-profit entities must be knowledgeable with respect to the self-dealing rules found under Internal Revenue Code Section 4941. This complicated labyrinth of definitions, rules, exceptions to the rules, and exceptions to the exceptions can cause even the most brilliant practitioners to become confused or to make mistakes that can result in significant penalties or even disqualification of charitable status.

Fortunately, Karl Mill has developed outstanding materials and guidelines for identifying, avoiding, or handling self-dealing situations, both in the context of direct and indirect self-dealing. Join this informative webinar to learn from these efforts directly.

Learning Objectives:

• Determine the self-dealing rules and how they work


• List who is a prohibited person for purposes of the self-dealing rules


• Outline how parties can be related and thus implicated under the self-dealing rules


• Summarize the safe harbors and safe conduct that will not be implicated by the self-dealing rules


• Recognize what to do if it is determined that the self-dealing rules are being violated or may be violated

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CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222