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Internal Revenue Code (IRC) Section 512(a)(7) was recently retroactively repealed by the...
Repealed: UBIT on Transportation Fringe Benefits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