Tax Compliance for Tax Exempt Organizations (2023)

Steven D. Simpson is of counsel with the law firm of Wyrick Robbins Yates & Ponton LLP in Raleigh, North Carolina. Mr. Simpson is a 1978 graduate of the Wake Forest University School of Law and was awarded a Master of Laws Degree in Taxation from Georgetown University Law Center in 1981. He has represented many organizations and individuals on a wide variety of tax, corporate, business, and estate planning matters and charitable gift planning issues and has particular expertise in the representation of ¿501(c)(6) trade associations and ¿501(c)(3) charitable organizations and private foundations. Health care organizations have also been a particular focus of Mr. Simpson¿s practice. He has counseled many hospitals on a wide range of matters, including physician recruitment, incentive compensation, reimbursement, self-referral issues, medical staff relationships, corporate reorganization, and purchases and sales of hospital assets.

Mr. Simpson has more than twenty years of experience in representing all types of tax-exempt organizations. He has written and lectured on many topics affecting tax-exempt organizations, including:

• Unrelated business income tax issues;
• Lobbying and political activities;
• Federal and state election laws;
• Charitable giving;
• Political action committees;
• Compensation and retirement plans;
• Excise taxes affecting public charities and private foundations;
• Private inurement, private benefit, and intermediate sanctions;
• Systems of affiliated tax-exempt organizations; and
• Tax and antitrust issues affecting trade associations.

Mr. Simpson is admitted to the bars of North Carolina, Florida, and the District of Columbia and is admitted to practice before the United States Supreme Court as well as numerous federal courts of appeal and district courts. He has been active in the American Bar Association¿s Exempt Organizations Committee, as well as in the North Carolina Bar Association¿s Health Law Section as a past member of the Executive Council. He is also a member of the American Society of Association Executives and the Association Executives of North Carolina, among several other professional organizations, and is listed in The Best Lawyers in America under tax law. He has received the A-V rating from Martindale-Hubbell and is listed in the Bar Register of Preeminent Lawyers.

Mr. Simpson is the author of Multistate Guide to Regulation and Taxation of Nonprofits,Published by CCH, as well as Tax-Exempt Organizations: Organizational andOperational Requirements, Tax Management Portfolio No. 869; Tax-Exempt Organizations:Reporting, Disclosure and Other Procedural Aspects, Tax Management Portfolio No. 870-2d; and Private Foundations: Taxable Expenditures, Tax Management Portfolio No. 882, all published by Tax Management, Inc., a subsidiary of the Bureau of National Affairs.