Marcus S. Owens is a member in Caplin & Drysdale's Washington, D.C. office. He joined the firm in February 2000.
Services
Mr. Owens has represented a broad range of nonprofit organizations including private foundations, charities, U.S. affiliates of foreign charities, and trade associations. The context has ranged from tax planning, the process of formation and application for exemption, through IRS audits including large case or team audits. Particular projects have involved the emerging rules for foreign grant making and organizations interested in public policy but concerned with legislative and political activities. He also is a frequent lecturer on the complex laws affecting exempt organizations.
Highlights
Prior to joining Caplin & Drysdale, Mr. Owens was employed by the Exempt Organizations Division of the Internal Revenue Service for his entire professional career and served as the division's director for the last ten years. In that capacity, he was the chief decision maker regarding design and implementation of federal tax rulings and enforcement programs for exempt organizations, unrelated business income tax, private foundation excise taxes, hospital reorganizations, college and university guidelines, political organizations, and tax-exempt bonds. He also served as the IRS's primary liaison with other federal agencies, Congress, and state regulators on exempt organizations issues.
Professional Activities
- Serves as a Director of the Better Business Bureau Wise Giving Alliance and the Center for Lobbying in the Public Interest
Awards and Honors
- Selected by the Nonprofit Times as one of the top 50 most influential people in the nonprofit sector in 1998, 1999, and 2001
- Recipient of the IRS Commissioner's Award for exemplary service
- Ranked as a Top Lawyer in the 2009 edition of Chambers USA; Band 4 in Tax - District of Columbia
Selected Recent Publications
Mr. Owens is a frequent writer and commentator on exempt organizations issues. Recent articles and mentions in the media include:
- 10 Years Later: UCC Case Changed Fundraising Contracts, NonProfit Times (July 1, 2009)
- Hedge Fund, Private Equity Investors Must File FBAR, IRS Confirms, taxanalysts (June 29, 2009)
- Rev. Creflo Dollar Sued Over Devotional Text Messages, The Atlanta Journal-Constitution (June 25, 2009)
- IRS Won't Detect, The Arizona Republic (May 6, 2009)