Section 115(1) Gross Income Exclusion
GKG Law’s Association Practice Group assists association clients engaged in the performance of essential governmental functions to obtain IRS rulings excluding all of their income from tax under Internal Revenue Code section 115(1). We also obtain IRS determinations ruling that our tax-exempt clients engage in the performance of an essential governmental function are exempt from the annual Form 990 filing requirements. Finally, our attorneys help association clients who previously received erroneous IRS rulings to: (1) obtain recognition of their tax-exempt status in addition to their section 115(1) exclusion, and (2) avoid paying taxes on potentially unrelated business activities that served an essential governmental function.