The IRS has expanded its guidance on exempt organizations’ calculation of unrelated business taxable income (UBTI), and the ability to…
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Unrelated Business Income Taxation
Summer 2019 Developments for Tax-Exempt Organizations
Summer time has been a fairly busy time in the area of tax-exempt organizations, with the IRS and federal lawmakers…
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IRS Provides Guidance, Some Relief on Transportation Tax Issue
The IRS has issued some guidance that eases the impact of the new 21 percent tax on transportation fringe benefits…
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IRS Provides Some Clarity and Seeks Comments on UBTI “Silo” Rule
As we’ve blogged about previously, the Tax Cuts and Jobs Act brought about some major changes in the area of…
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Not So Fast: ABA Recommends Delay of UBIT “Silo Rule” Until IRS Issues Regulations
We’ve blogged quite a bit about changes affecting the exempt sector under the Tax Cuts and Jobs Act. One change…
READ MORE New Tax Law Focus: For UBIT Purposes, Grouping of Separate Activities Now Disallowed
The recent Tax Cuts and Jobs Act has garnered much attention for its individual and business-focused provisions, but it also…
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Different Solutions to “Food Desert” Dilemma in Low-Income Areas
A recent Nonprofit Quarterly article focused on solving the issue of food deserts—places without access to grocery stores offering fresh…
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IRS Colleges and Universities Report, Part I: UBI Bounty Should Put Other Exempts on Alert
The IRS recently issued its final report for the Colleges and Universities Compliance Project, which it kicked off in 2008…
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