Tax reform for exempt organizations

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Exempt organization tax reform update podcast

View our comprehensive podcast to learn more about the final provisions affecting exempt organizations under the Tax Cuts and Jobs Act.

TAX ALERT

Changes ahead for exempt organizations as vote nears on tax reform

Latest version of Tax Cuts and Jobs Act provides some relief to tax-exempts on one hand but eyes big changes on the other.

TAX ALERT

Exempt organization provisions in the Senate tax reform proposal

Highlights of the provisions in the Senate Committee on Finance proposal that may affect tax-exempt organizations.

TAX ALERT

Exempt organization-specific provisions in the House Bill H.R. 1

The tax reform legislative process was formally kicked off Nov. 2, 2017, with the release of H.R. 1, the Tax Cuts and Jobs Act.

TAX ALERT

IRS issues guidance for determining UBTI for separate businesses

The IRS has recently issued Notice 2018-67, providing interim and transition rules for determining UBTI for separate trades or businesses.

INSIGHT ARTICLE

Is there really a tax cut in the TCJA for exempt organizations?

Potential tax increase for exempt organizations hidden in the TCJA as part of the corporate tax cut.

INSIGHT ARTICLE

Fiscal year blended tax rate for exempt corporations filing Form 990-T

Exempt corporations with a fiscal year end will be subject to a blended federal tax rate for their fiscal year ending in 2018.

WHITE PAPER

Excise tax on tax-exempt compensation paid over $1 million per year

Provision in the Tax Cuts and Jobs Act enacts excise tax on exempt organization compensation paid over $1 million per year.

WHITE PAPER

Important fringe benefit changes for exempt organizations

Certain fringe benefits now required to be included in exempt organizations’ unrelated business income subject to tax

TAX ALERT

Employee benefit packages: How does the new tax law affect nonprofits?

A review of the most common benefits offered to employees, that are contained, as well as those that are not included in the TCJA.

TAX ALERT

Tax-exempt provisions included in the Bipartisan Budget Act of 2018

The recently passed government funding bill includes two tax provisions that will affect tax-exempt organizations.

WHITE PAPER

The new unrelated trade or business loss offset prohibition

Analysis of new law contained in section 512(a)(6) that limits losses from one trade or business to offset another for UBI purposes

INSIGHT ARTICLE

Important changes in the TCJA for tax-exempts structured as trusts

Along with the new laws for unrelated business income tax, there are added provisions for organizations formed as trusts for tax purposes

TAX ALERT

Excise tax on investment income of private colleges and universities

Section 4968 imposes an excise tax on an applicable institution for each taxable year equal to 1.4 percent of the net investment income.