The CPA Desk

A Thought Leader Production by PKFTexas

Tag Archives: Unrelated Business Income Tax

How the “Commerciality Doctrine” Can Trip Up Your Not-for-Profit

The commerciality doctrine was created along with the operational test to address concerns over not-for-profits competing at an unfair tax advantage with for-profit businesses. But even business activities related to your exempt purpose could fall prey to the commerciality doctrine, resulting in the potential loss of your organization’s exempt status. Several Factors Considered The operational… Continue Reading

Everything Not-for-Profits Need to Know About Unrelated Business Income Tax

Jen:  This is the PKF Texas Entrepreneur’s Playbook.  I’m Jen Lemanski, this week’s guest host, and I’m back again with Annjeanette Yglesias, one of our tax managers on our not for profit team.  Welcome back to the Playbook Annjeanette. Annjeanette:  Thanks, Jen, it’s nice to be here. Jen:  Well now I’ve heard you talk about… Continue Reading