Maintaining Tax Exemption (On-Demand) 2019

Description

In this CPE course, you will get an understanding of what constitutes unrelated business income. You will consider real-world examples and examine tax court findings and IRS rulings to learn how to deal with some common UBI-generating activities. Also discussed are commonly applied exceptions and exclusions to UBI that can reduce an organization’s tax liability, as well as potential red flags that should be avoided.

Learning Objectives

▪ Distinguish between organizational and operational requirements for charitable and other exempt organizations
▪ Determine important areas where tax-exemption can be threatened
▪ Identify situations that could result in IRS revocation of an organization’s tax-exempt status

Major Topics

▪ Establishing and protecting tax exemption
▪ Tools to verify tax exemption
▪ Protecting tax exemption
▪ Organizational and operational issues
▪ Recordkeeping and substantiation
▪ Uncertain tax positions
▪ Lobbying and political activities
▪ Private inurement and benefit
▪ Excess benefit transactions
▪ Reasonable compensation
▪ Excise taxes and penalties
▪ Revocation of exempt status

Provider
AICPA
Course Level
Intermediate
CPE Field of Study
Taxes
1.5
Who Should Attend
CPAs, financial professionals and NFP staff and board members looking to deepen their existing knowledge of NFP financial responsibility, and set themselves apart as a leader in this field
Prerequisites

None.

Advanced Preparation

None.

Purchase Now
When
Available 24/7
Location
Online
Total CPE Credits
1.5
Format
On-Demand

MEMBER


$ (% off)
$59.00

NON-MEMBER


$ (% off)
$69.00
Become A Member

Purchase This Program

Maintaining Tax Exemption (On-Demand) 2019


Your browser is out-of-date!

Update your browser to view this website correctly.

Update my browser now

×