James R. King, Partner, Chair, Health Care Practice's Tax-Exempt Organization & Corp. Governance Team, Jones Day to Speak at KC’s Event on Form 990 Overhaul on 1/23/08
The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that James R. King, Partner, Chair of the Health Care Practice's Tax-Exempt Organization and Corporate Governance Team of Jones Day will speak at the Knowledge Congress’ upcoming teleconference entitled: “Form 990 Overhaul.” This 2-hour event is scheduled for January 23, 2008, Wednesday, at 1:00 PM - 3:00 PM EST.
Recently, the Internal Revenue Service has released a discussion as per to the proposed overhaul of the Form 990 or the main tax form for certain tax-exempt organizations. This action done by the IRS is to make things easier for the agency itself and for the public to track and scrutinize the finances, governance and accomplishments of the certain tax-exempt organizations.
The Knowledge Congress is assembling a panel of distinguished experts to help make this proposed revision for the Form 990 clear to the organizations most impacted. The panel will present their findings, which will include best practices in a two-hour teleconference.
About Mr. James R. King
A member of Jones Day's tax and health care practices, Jim is chair of the health care practice's tax-exempt organization and corporate governance team. Focusing on nonprofit and tax-exempt organizations and health care, he counsels clients on tax, transactional, regulatory, and corporate governance matters. Representative tax-exempt health care clients include Bon Secours Health System, Catholic Health Initiatives, the Cleveland Clinic, Iowa Health System, Loyola University Health System, ProMedica Health System, Sentara Health System, and the University of Pittsburgh Medical Center. Representative clients outside the health care field include the Columbus Foundation, the Internet Corporation for Assigned Names and Numbers, the Mandel Supporting Foundations, the Ohio Business Roundtable, the Ohio Farm Bureau Federation, and the Robert W. Woodruff Arts Center.
Representative projects for clients include assisting health care clients in responding to recent IRS compliance check questionnaires regarding community benefit and executive compensation practices, assisting clients in state tax exemption challenges based on allegations that clients have provided an insufficient amount of community benefit, advising clients regarding the impact of FIN 48 requirements on tax-exempt organizations, and counseling clients regarding the expanded public disclosures required by the IRS's proposed redesign of the Form 990.
In July 2007, Jim was appointed by the president of the Ohio State Bar Association to serve as a member of the Bar Association's Constitutional Review Task Force. In addition, Jim frequently writes and speaks on matters concerning nonprofit and tax-exempt organizations.
He graduated at Miami University (B.A. 1968); The Ohio State University (Associate Editor, Law Journal; Order of the Coif; J.D. 1974)
About Jones Day
Jones Day is an international law firm with 30 locations in centers of business and finance throughout the world. With more than 2,200 lawyers, including more than 400 in Europe, and 175 in Asia, it ranks among the world's largest law firms.
For more information about James R. King and Jones Day, please visit: http://www.jonesday.com
About The Knowledge Congress
The Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.
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