Prioritizing Common Interests, Not Individual Services Sep 23, 2021Watch out, not-for-profit trade associations! If your group is a 501(c)(6) organization,... read more
What’s Taxable for Your Not-for-Profit’s Sponsorships and Advertising? Jul 15, 2021Your not-for-profit may prefer to avoid activities that subject it to unrelated business... read more
How Unrelated Business Income Tax Impacts Not-for-Profits Feb 16, 2021Jen: This is the PKF Texas - Entrepreneur’s Playbook®. I'm... read more
Not-for-Profits: Be Careful of the Commerciality Doctrine Feb 5, 2021If your not-for-profit has lost financial support during the pandemic, you may be... read more
IRS’ Newly Proposed Regulations Regarding UBIT Calculation Apr 27, 2020Last week, the IRS issued proposed regulations, which will help to simplify the rules... read more
Claiming a Refund or Credit of UBIT or Adjusting Form 990-T Jan 31, 2020Internal Revenue Code (IRC) Section 512(a)(7) was recently retroactively repealed by the... read more
Repealed: UBIT on Transportation Fringe Benefits Jan 9, 2020A much-hated tax on not-for-profit organizations is on the way out. At the end of 2019,... read more
How Associations Can Preserve Tax-Exempt Status by Avoiding Certain Activities Jun 5, 2019Not-for-profit trade associations, or 501(c)(6) organizations, exist to promote their... read more
Best Practices – Financials for Religious Congregations Dec 12, 2018Churches, synagogues, mosques and other religious congregations aren’t required to file... read more
How the “Commerciality Doctrine” Can Trip Up Your Not-for-Profit Nov 21, 2018The commerciality doctrine was created along with the operational test to address... read more