Taxes and Nonprofits: Understanding and Avoiding Unrelated Business Income Tax (UBIT)

Nonprofits are facing new laws surrounding Unrelated Business Income Tax (UBIT). Of particular concern is a new tax on parking provided to employees. Estimates are over 600,000 nonprofits may now be required to file and pay taxes for the first time. In this interactive session, attendees will learn the mechanics of Unrelated Business Income Tax (UBIT) as well as the new “Parking Tax” that has nonprofits in an uproar!

Topics covered include:
- 3 basic rules for when UBIT applies
- Exclusions used to avoid the tax
- Deducting costs
- The new “Parking Tax” and how to avoid it

 

Register now!

Event Date(s): 
Tuesday, September 24, 2019, 2:00pm to 3:00pm
Cost/Fee: 
FREE
Presenter: 
Gregg Bosen, QuickBooks Made Easy for Nonprofits
Location: 
Webinar
Anywhere, NC 00000
United States