As the Regulations Turn: Schedule B Disclosure Restrictions Now Open for Comments

The Trump Administration is back on track with limiting tax-exempt organizations’ disclosure of major donor information, through Form 990’s Schedule B.  On September 6, 2019, the U.S. Treasury Department issued a notice in response to the recent judicial invalidation of IRS Revenue Procedure 2018-38, thereby commencing a “notice and comment” period for reinstating such requirements through new government regulations. Once that time period ends, the new donor disclosure restrictions will take effect.

Cartoon Contracts: But What About the Fine Print?

According to the Wall Street Journal, some lawyers are turning to cartoon frames and comic strips to illustrate (pardon the pun) key contract terms.  Illustrations may be helpful in certain legal contexts in assisting both sides of the contract in understanding the concrete implications of otherwise abstract verbiage. But to achieve the proverbial “meeting of the minds” and for optimal legal enforceability, words matter most. But which words? Our firm lists about ten contract essentials, best communicated through words (but a cartoon frame or two might not hurt either).

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