In this webinar, Steven Dilley, CPA, JD, PhD will discuss the tax provisions from the recent Tax Cuts and Jobs Act and their impact on nonprofit entities, including charities, hospitals, and universities.
Major topics include: The basics of unrelated business income tax, excise tax on salaries exceeding $1M, denial of fringe benefits and taxation on their value as UBIT, separating businesses for purposes of UBIT; excess parachute payments, and tax on endowment funds.
- Identify the changes in the new tax laws that impact nonprofit entities.
- Recognize the tax rules on unrelated business income tax.
- Understand how to calculate excise tax on high nonprofit salaries.
- Identify the tax rules on separating businesses for purposes of UBIT.
- Identify the tax implications on endowment funds.
- A basic understanding of nonprofit taxation.
Who Should Attend
CPAs, EAs, accounting/finance professionals who work with nonprofit organizations.
Steven C. Dilley, PhD, CPA, JD, is president of Federal Tax Workshops, Inc., in East Lansing, Michigan, where, for the past 37 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the U.S. He is nationally known for his knowledge of financial, accounting and tax issues of closely held businesses.
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Date & Time
Wednesday, December 11, 2019
12:30 PM EST (see additional timezones)
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