Schnader Hosts NYC Nonprofit Education EventOn October 17, 2012 by Schnader in News
New York City – Schnader Harrison Segal & Lewis LLP, in association with Schall & Ashenfarb certified public accountants, hosted a program for New York nonprofits featuring a special presentation by Jason Lilien, the Bureau Chief of the New York State Charities Bureau regarding proposed changes to nonprofit regulations.
Mr. Lilien explained that the state is mulling the first meaningful changes to the state’s nonprofit regulations in 40 years. These modernizations are intended to reduce many of the arcane burdens that New York nonprofits must currently endure. Among the proposals is streamlining the selling of assets, great acceptance of electronic filings and notifications, simplification of nonprofit types and reforms related to trust and accountability. More information is available at CharitiesNYS.com.
Also speaking at the event was David Ashenfarb who discussed Governor Cuomo’s Executive Order 38 and Schnader partner Marla Conley who updated guests on the Internal Revenue Services hot topic, the charitable funding initiative.
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