Tax-exempt organizations, while not generally subject to tax, are subject to tax on their “unrelated business taxable income” (“UBTI”). One category of UBTI is debt-financed income; that is, a tax-exempt organization that...more
Proskauer’s 26th Annual Trick or Treat Seminar was held virtually on Friday, October 29th and discussed timely topics and best practices specifically tailored to the not-for-profit community. ...more
11/3/2021
/ Best Practices ,
CARES Act ,
Charitable Donations ,
Charitable Organizations ,
Coronavirus/COVID-19 ,
Employee Benefits ,
Employer Mandates ,
Environmental Social & Governance (ESG) ,
Hardship Distributions ,
Health and Essential Rights (HERO) Act ,
Infectious Diseases ,
Legislative Agendas ,
OSHA ,
Regulatory Agenda ,
SECURE Act ,
Tax Exempt Entities ,
Tax Reform ,
Vaccinations ,
Workplace Safety
On March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act (“FFCRA”) (H.R. 6201), and on March 27, 2020, he signed into law the Coronavirus Aid, Relief, and Economic Security Act (the...more
House Republican Tax Bill Imposes Excise Tax on Wealthy Private Universities and Excess Compensation of Highly Paid Employees; Subjects State Pension Plans to UBTI Rules -
On Thursday, November 2, House Republicans led by...more
11/7/2017
/ 501(c)(3) ,
Adjusted Gross Income ,
Alternative Minimum Tax ,
Charitable Donations ,
Charitable Organizations ,
Covered Employees ,
Disqualified Persons ,
Educational Institutions ,
Establishment Clause ,
Form 990 ,
Grandfathered Status ,
Highly Compensated Employees ,
Income Taxes ,
IRS ,
Political Speech ,
Private Foundations ,
Proposed Legislation ,
Publicly-Traded Companies ,
Retirement Plan ,
Standard Deduction ,
State and Local Government ,
Tax Deductions ,
Tax Exempt Entities ,
Tax Incentives ,
Tax-Exempt Bonds ,
Tuition ,
UBTI