TCJA and Exempt Organizations: 18 Months After Enactment (Webinar)
Thursday, June 20, 2019
Taxes - Technical (2.0)
Harmon, Curran, Spielberg & Eisenberg, LLP c/o Eve Borenstein
Standard member fee
Standard nonmember fee
to receive member fee.
The Tax Cuts and Jobs Act (TCJA) came with two new unrelated business income tax (UBIT) provisions applicable to all organizations. These new provisions are guaranteed to increase UBIT. TCJA also imposes an excise tax provision applicable to exempt organizations and their related organizations. This will impose a 21% tax on exempt organizations and their related organizations to the extent they remit >$1,000,000 in remuneration in any year OR an "excess parachute payment" to individuals who make a "top 5 employees" that must be initiated in 2017. In this live webinar, get updated on what we now know about the interpretation of these provisions and what has become clearer since the issuance of the IRS's initial guidance.
Who should take this program?
CFOs, managers and tax advisers who work within or advise not-for-profit organizations
Qualified transportation benefits and the Section 512(a)(7) parking tax -- a tax on expenditures
Siloing required under Section 512(a)(6) and the need to track suspended losses on years beginning Jan. 1, 2018 and later
Section 4960 excise tax -- how to address the 21% more costly employee pool
Understand the impacts of the Tax Cuts and Jobs Act on exempt organizations
NASBA ID#: 139884
Group Internet Based
Familiarity with pre-TCJA unrelated business income taxation or not-for-profit executive compensation experience recommended.