New Monograph a Go-To Resource for Tax-Exempt Organizations

News / August 8, 2019

BakerHostetler Partner Edward J. Beckwith recently co-authored a monograph for Bloomberg BNA Tax Management Portfolio on the formation and operation of tax-exempt organizations.

The portfolio is a streamlined resource for all tax professionals advising clients on the organizational and operational aspects of tax-exempt organizations. It also is designed as a gateway to further research under the Bloomberg BNA Tax Management Portfolio resource materials.

A substantial portion of the U.S. economy is not subject to income taxes because of the public nature of the activities involved. According to the IRS, there are nearly 2.5 million tax-exempt organizations registered in the United States, and they touch nearly every aspect of American life. The tax-exempt sector includes more than two dozen types of organizations, including charities, civic organizations, business leagues, labor unions and fraternal orders.

Beckwith is the team leader for BakerHostetler’s nationally recognized Tax-Exempt Organizations and Charitable Giving team, which provides counsel to a wide range of tax-exempt organizations. He also shares his experience with the broader legal community through his service to the American Law Institute and the American College of Trust and Estate Counsel as well as his teaching at the Georgetown University Law Center.

“This Tax Management Portfolio is a terrific resource for those tax professionals seeking authoritative guidance and best practices for establishing and maintaining tax-exempt organizations,” said Jeffrey Paravano, firmwide chair of BakerHostetler’s Tax Group. “We are grateful to our partner Ed Beckwith for his outstanding work, service and leadership to this important segment of American enterprise.”

Subscribers to Bloomberg BNA Tax & Accounting can find the portfolio at 450-2nd T.M., Tax-Exempt Organizations: Organizational and Operational Requirements. Beckwith can be reached at

Read the monograph (subscription required).