Webcast: Unrelated Business Income Tax Fundamentals

When:  Jun 24, 2021 from 08:00 AM to 10:15 AM (ET)
Examine unrelated business income tax (UBIT) and related issues. Review changes made by The Tax Cuts and Jobs Act, along with any interim and final guidance on those changes and the special UBIT rules and their application to particular types of organizations and entities. Understand the impacts of the CARES Act and American Recovery Plan on the UBIT on income earned from both operating businesses and investment activities applies to all organizations exempt from tax under Internal Revenue Code Sec. 501(c), as well as public colleges and universities and qualified and non-qualified retirement plans. Explore tax and related issues. Also, examine modifications, exclusions, exceptions and deductible expenses. Further, discuss the specific deduction and special rules for debt-financed income, corporate sponsorships and periodicals. Receive tips for clients regarding the structuring of new revenue-generating activities. Dive into investment activities, which increasingly result in more organizations having unrelated business taxable income for both federal and state purposes as well as additional filings related to foreign investments.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617