MossAdams - Patty Mayer

Industry Expertise

Foundations Not-for-Profit Tribal & Gaming

Practice Focus

Accounting for Income Taxes (ASC 740)

Biography

Patty has practiced public accounting since 1984. She provides tax and related tax planning services with an emphasis on not-for-profit and tribal organizations. Patty works predominately with public charities, private foundations, and tribal organizations. She is a leader of our Southern California not-for-profit tax practice and a member of our Not-for-Profit Tax Committee.

External Publications

Steer Clear of Penalties by Checking the Tax Status of your Grantees (San Diego Business Journal, October 2014)
Will the Charitable Contribution Tax Deduction Survive? (San Diego Business Journal, October 2013)
Tax Planning for Private Foundations (San Diego Business Journal, November 2012)
New Form 990 (San Diego Business Journal, March 2009)

Selected Speaking Engagements

Not-for-Profit Tax Updates
(Big FAOG Council on Foundations, 2016-2009)
Private Foundations
(Tax Seminars on Private Foundations, Salk Institute, 2015-2010)
NFP Tax Compliance
(University of San Diego Nonprofit Governance Symposium, 2014-2009)
Form 990, It’s Not That Bad
(Council on Foundations, Community Foundation Conference, October 2011)
Redesigned IRS Form 990
(University of San Diego Form 990 Training Workshop, October 2008, December 2008, January 2009)
Form 990
(League of California Community Foundation Conference, October 2008)

Professional Affiliations

Board Member, Treasurer, and Finance Committee Chairman, Community Health Improvement Partners
Member, American Institute of Certified Public Accountants
Member, California Society of Certified Public Accountants
Member, Finance Committee, San Diego Grantmakers
Member, Professional Advisory Committee, The San Diego Foundation

Education

BS, accountancy, German minor, San Diego State University

Insights from Patty Mayer

Corporate Transparency Act Reporting for Not-For-Profits

Position your not-for-profit organization to successfully meet 2024’s Corporate Transparency Act and beneficial ownership reporting requirements.

Impacts of SECURE 2.0 and Qualified Charitable Distributions on Fundraising

Qualified charitable distributions changes in the Setting Every Community up for Retirement Enhancement Act of 2022 (SECURE 2.0).

How to Determine Interest on Self-Dealing Loans

The IRS Chief Counsel Advisory released a memorandum addressing how to treat interest on a self-dealing loan. Learn details.

Does Your Private Foundation Own Too Much of An Investment?

Private foundations that exceed excess business holding thresholds could face hefty excise tax. Learn more.

How Private Foundations Can Avoid Self-Dealing Penalties

Self-dealing affects all private foundations. Avoid penalties by learning how to identify private foundation transactions.

CARES Act Overview: COVID-19 Relief and Resources for Tribes

Tribes and their businesses can seek relief through specific tribal funds and more.

2020 Tax Considerations for Tribal Governments’ General Welfare Benefits

As your tribe prepares its 2020 tax needs, the General Welfare Benefits Exclusion Act of 2014 can help provide non-taxable distributions to your tribal members.

New Tax Law Extends Important Provisions for Tribes, Plus 2020 Form W-4 Reminder

Learn how extended tax provisions under a new law may impact your tribe and its businesses, as well as important information for filing Form W-4.

California Not-for-Profits Could Lose Tax-Exempt Status If They Don’t File Form SI-100

Help your not-for-profit organization retain tax-exempt status by filing Form SI-100. Discover filing steps, deadlines, and penalties for failure to file.

Craft Effective Spending Policies for Your Foundation or Not-for-Profit Organization

Spending policies can help private foundations keep spending on-mission and under budget, while instilling donor confidence. Learn how to create one.

Tax Laws for Tribes Bring Social Security Options and Payment Impacts to Minors

The Tribal Social Security Fairness Act of 2018 presents new tax considerations for tribes.

Q&A: Impact of Tax Reform and Unrelated Business Taxable Income on Not-for-Profit Organizations

Read our Q&A about how tax reform—specifically changes made to unrelated business taxable income—affects tax-exempt entities.

Impact of Tax Reform on Charitable Giving Opportunities

Tax reform will have a varying impact on the deductibility of charitable giving in 2018 and beyond.

How to Prepare the Next Generation to Continue Your Family Foundation’s Mission

Learn how to prepare the next generation to continue your family foundation’s mission.

Understanding Your Investment Committee’s Fiduciary Responsibility

Understand the fiduciary responsibility of your not-for-profit’s investment committee and what policies can help them invest funds responsibly.

An Overview of Potential Legislation Affecting Higher Education Endowment Spending and Tuition Fees

Learn about potential legislation that could affect college and university endowment spending, tuition fees, and Form 990 disclosures.

Consider These Best Practices When Organizing Grantee Site Visits

Private foundations considering grants can follow these guidelines for planning a personal visit to gain insight from prospective beneficiaries.

An Overview of Tax-Related Matters that May Impact Your Tribe

We give an overview of regulatory and policy changes for tribes, including plans for 2017, paid sick leave, and general welfare benefits.

A Look at the 2017 Federal Budget Proposal for Not-for-Profits

President Obama’s 2017 federal budget proposal would impact provisions relevant to tax-exempt entities. We look at its effect on the charitable contribution deduction, scholarship awards, and more.

New and Improved Guidance for Good-Faith Equivalency Determinations

To meet minimum distribution requirements and avoid excise tax, private foundations must grant funds to public charities with an IRS determination letter—but what if the recipient is international? New regulations help streamline the determination.

Forgetting to File California’s Form SI-100 Comes with Consequences

Who’d guess a one-page, biennial filing could cause so much trouble for California corporations? As the secretary of state and Franchise Tax Board take steps to penalize organizations that fail to file, we look at what’s required.

Look to the Right Peers When Setting Executive Compensation

What do you pay a not-for-profit’s executives? Attracting and retaining talent is vital, but you can’t risk tarnishing your reputation with regulators, government funding sources, contributors, members, or the media. This Insight gives an overview.

Excess Business Holdings: What They Are and What They Mean for Your Private Foundation

When a private foundation and its disqualified persons—those closely associated with it—own too much in the same corporation, partnership, or trust, it risks having excess business holdings, which can result in a hefty excise tax.

Never a Dull Moment: The Latest Legislative Developments for Not-for-Profits

Just in the final quarter of 2014 and the first of 2015, we’ve seen some fairly noteworthy legislative developments impacting not-for-profits. From last-minute tax extenders to the IRS priority guidance plan and the GAO’s report on IRS oversight, here’s what’s happening.