The recent oil spill in the Gulf of Mexico has fouled the wetlands and
fisheries of the coastal states raising calls for more regulation of deep water
drilling and exploration. Congress is holding hearings on potential legislation.
Environmental groups are calling for new and more stringent regulation, if not
outright prohibition. However, business-oriented groups are calling for caution
on these restrictions because of the world's energy needs for fossil fuel.
As Congress considers competing interests and drafts potential legislation,
nonprofit and charitable organizations that wish to have their voices heard must
understand the tax laws to not jeopardize their tax-exempt status. McGuireWoods
offers guidance through its white paper
Private Foundation Grants to Public Charities Engaged in Advocacy on
Environmental Issues that explains IRS tax rules on advocacy and
legislative activities, and is prepared to assist you in this complex regulatory
McGuireWoods Nonprofit & Tax-Exempt Organizations
Nonprofit and Tax-Exempt Organizations Group
provides advice and guidance that enables
charities and other nonprofits to operate
successfully in the increasingly
complicated, regulated, and competitive
environment facing nonprofits today.