A conflict of interest is a concept that exists in everyday life, but is something very specific when dealing with attorney’s Rules of Professional Conduct. In North Carolina, conflicts of interest are covered by Rules 1.7 & 1.8. Broadly speaking, an attorney may not represent a client if that representation would force the attorney to represent […]
IRS Conflict of Interest Policy
If you’re applying for a tax exempt recognition through the Internal Revenue Service (IRS) such as a 501(c)(3) or similar type of recognition, you will be required to include a conflict of interest policy in your governing documents. Fortunately, the IRS has provided significant guidance on what needs to be included, as well as providing a […]