Caroline W. Waldner

Associate

Caroline W. Waldner is an associate in Morgan Lewis's Tax Practice. Ms. Waldner focuses her practice on tax and governance issues affecting tax-exempt organizations, including colleges and universities, museums and cultural organizations, scientific and medical research organizations, public broadcasting organizations, private and operating foundations, community and economic development organizations, and many other special-purpose charitable organizations and associations.

Ms. Waldner advises tax-exempt organizations on a wide variety of tax matters, including formation and applications for tax exemption, Form 990 filing issues, and ongoing compliance with applicable tax laws, such as the unrelated business income tax, lobbying and political activity restrictions, and intermediate sanctions and other compensation-related issues.

Ms. Waldner also represents tax-exempt organizations with respect to governance issues, including the development of good board governance policies and practices and the handling of conflicts of interest. She assists organizations with IRS audits; offers advice about business transactions; and regularly monitors proposed legislation, regulations, and rulings that may affect tax-exempt clients.

Prior to joining Morgan Lewis, Ms. Waldner was an associate in the tax group of an international law firm. She also served as a tax policy fellow for the Joint Committee on Taxation, where she advised members of Congress and staff regarding tax policy and drafted legislation, hearing publications, and technical explanations of tax legislation.

Ms. Waldner earned her LL.M. in 2011 and her J.D., magna cum laude, in 2010, both from New York University School of Law. While in law school, she received the Theodore Tannenwald Jr. Foundation for Excellence in Tax Scholarship award for her article on the use of 529 plans by low- and moderate- income families. Ms. Waldner was also awarded the Harry J. Rudick Memorial Award for excellence in taxation. She earned her B.A., summa cum laude, from Centre College in 2006, where she was awarded the Mason Knuckles prize as the outstanding student in the graduating class.

Ms. Waldner is admitted to practice in the District of Columbia and Georgia.