[WEB4] Tax Exempt Organizations - Planning and Compliance for Tax Matters

Highlights

• Exceptions to the UBTI rules
• Organizations with complex UBTI issues
• Advertising and sponsorship
• Unrelated debt-financed income
• Political activity and legislative lobbying
• Intermediate sanctions and disclosure and disclosure rules
• Governance and management
• Tax-exempt organization cases and rulings

Objectives

• Recognize unrelated business taxable income (UBTI) issues
• Apply tax law to calculation of UBTI
• Report UBTI correctly
• Recognize the exceptions to the UBTI rules
• Understand the tax implications of advertising and sponsorship
• Understand and properly handle unrelated debt-financed income
• Recognize other unrelated business taxable income issues
• Determine appropriate handling of political activity and legislative lobbying
• Recognize when intermediate sanctions are applicable and what rules must be observed to avoid exposure to them
• Recognize circumstances where disclosure is necessary and when exceptions to the general disclosure rules exist
• Understand the tax return’s focus on management and policies

Designed For

Practitioners with planning and compliance responsibility for tax-exempt organizations.
May also be suitable for public practice.