Richard Riley is a tax partner at Foley & Lardner LLP. His tax practice focuses on nonprofit and tax-exempt organizations, with particular attention to section 501(c)(6) trade associations. Mr. Riley is a member of the American Bar Association Section of Taxation, Federal Bar Association Tax Section, and the District of Columbia Bar Tax Section. He is active in the Exempt Organizations Committee of the ABA Section of Taxation, and serves as Co-Chair of that committee's Political & Lobbying Organizations Subcommittee, which covers important trade association activities. He is a frequent speaker and presenter on trade association tax and governance topics. Mr. Riley was a founding member of the J. Edgar Murdock American Inn of Court at the United States Tax Court.
Education:
B.A., Yale University
J.D., Duke University School of Law
Tax Management Portfolios™
-
Tax-Exempt Organizations — Trade Associations (Section 501(c)(6)) (Portfolio 454)
This portfolio examines in depth the requirements that trade and professional associations must meet to secure and maintain tax-exempt status as trade associations and also discusses the application of the unrelated business income tax to such organizations.