Allen M. Silk, Chair of Stark & Stark’s Business & Corporate Group, will serve as panelist for the Agudath Israel of New Jersey’s Legal Workshop. The workshop will take place at the Park Terrace Hall in Lakewood, New Jersey on Thursday, November 12, 2009, from 5:30 – 8:30 PM.

 

The workshop will focus on issues affecting not-for-profit organizations or institutions and will cover topics under both federal law as well as New Jersey state law. The topics that will be discussed will include: organizational structure and the kinds of activities in which an organization may (and may not) engage; the taxability of unrelated business income; tax exempt qualification and activities that may jeopardize such qualification; record keeping requirements; filing requirements, including a discussion of the yearly 990 filing; required corporate formalities; criminal law issues including money laundering, tax evasion/tax avoidance, benefits fraud and the “know your customer” requirement; required filing of forms for cash deposits and suspicious activities; and banking & licensing requirements including activities that may require an organization to be licensed as a bank, money service business, money transmitter, and check casher.

 

For additional information contact the Agudath Israel of New Jersey at ykupfer@agudathisrael.org or call 212-797-9000 ext. 306.