Nonprofit Taxation: Key Tax Rules

Overview

Description:
A discussion of the latest tax provisions and their impact on non-profit entities, including charities, hospitals, and universities.

Learning Objectives:
After attending this presentation you will be able to...

• Apply the latest tax provisions related to non-profit entities

Program Content:

The major topics covered in this class include:

• Recent tax legislation and developments related to non-profit entities such as charities, hospitals, universities and other non-profits
• A discussion of the basics of unrelated business income tax
• Excise tax on salaries exceeding $1 million
• Denial of fringe benefits and taxation of their value as UBIT
• Separating businesses for purposes of UBIT
• Excess parachute payments

Who should attend: CPAs working in public accounting firms and members in industry.

Developed By: Federal Tax Workshops, Inc

Instructor: Steven C. Dilley, CPA, JD, PhD

CPE Credit: 2.0

Field of Study: Taxes (2 CPE)

Prerequisites: Basic working knowledge of nonprofit taxation.

Advanced Preparation: None

Format: QAS Self Study

Highlights

• Recent tax legislation and developments related to non-profit entities such as charities, hospitals, universities and other non-profits
• A discussion of the basics of unrelated business income tax
• Excise tax on salaries exceeding $1 million
• Denial of fringe benefits and taxation of their value as UBIT Separating businesses for purposes of UBIT
• Excess parachute payments

Prerequisites

Basic working knowledge of nonprofit taxation.

Designed For

CPAs working in public accounting firms and members in industry.

Objectives

• Apply the latest tax provisions related to non-profit entities

Preparation

None