Take a deep dive into hot-button issues surrounding 501(c)(3) Organizations.
The 2017 Tax Cut and Jobs Act is the biggest tax law change in 30 years. Exempt Organizations did not escape unscathed. From now paying taxes on certain expenses the exempt organization incurs to new treatment of multiple unrelated trades or businesses, exempt organizations are seeing unprecedented changes and challenges. But wait, there is more. IRS notices and rulings and court cases continue to change the landscape. Whether you work with charities, social clubs, business associations or one of the other 30 types of exempt organizations, you need to be on top of these changes.
- You will be able to discuss the impact of new tax laws on donor giving.
- You will be able to identify a safe harbor approach to identifying taxable costs for providing parking to employees.
- You will be able to explain who needs to continue disclosing their large donors and who does not.
- You will be able to describe how to plan for the effect of the changes in tax rates on your organization’s unrelated business taxable income