posts tagged as Unrelated Business Income Tax

By Laura Kalick | February 02, 2017

From the Archives: UBI Issues: Is Your Organization at Risk?

Update: We originally shared this post on risks related to Unrelated Business Income (UBI) back in 2014, and although time has passed, this topic should still be top-of-mind for many nonprofit organizations. read more

By Laura Kalick | October 10, 2016

IRS Issues 2017 Work Plan for Tax Exempt Organizations

The Tax Exempt and Government Entities division of the IRS just issued its FY 2017 Work Plan, which builds upon the agencys 2016 priorities and its mission to work smarter with fewer resources. This idea of working smarter includes... read more

By Nonprofit Practice Leaders | September 25, 2016

Telemedicine and Potential Tax Implications for Tax-Exempt Providers

Telemedicine and remote patient monitoring has been a clinical reality and a critical component of healthcare for nearly 60 years, allowing doctors to treat patients who may be too ill to travel. read more

By Nonprofit Practice Leaders | April 22, 2016

11 Risks Hidden in Your Form 990

As watchdog groups and other stakeholders continue to expect increased transparency from nonprofits, it’s become all the more important for organizations to prepare Form 990 as accurately and completely as possible. read more

By Laura Kalick | November 19, 2015

Exempt Organizations IRS Priorities

Congress makes the laws, Treasury interprets them, and the Internal Revenue Service (IRS) enforces them and collects the revenue. read more

By Nonprofit Practice Leaders | October 06, 2015

You’re Invited: Annual Nonprofit Audit and Accounting Update

Please join BDO for our sixth session in the 2015 BDO KNOWLEDGE Nonprofit and Education Webinar Series, “Annual Nonprofit Audit and Accounting Update.” read more

By Laura Kalick | June 17, 2015

IRS Audits: What Could They Mean for Unrelated Business Income?

Most exempt organizations are well aware that the IRS conducts random audits. But in light of its limited resources, particularly for the Exempt Organizations Division, the agency is increasingly focusing its examinations on areas it... read more

By Laura Kalick | December 04, 2014

Bitcoin in the Charitable Sector – Part Three: Tax Issues

Over the past several weeks, we’ve written extensively about the growing use of Bitcoin in the charitable sector. In October, Sandra Feinsmith provided a background overview of Bitcoin and its current role in the industry. Last month... read more

By Nonprofit Practice Leaders | November 20, 2014

Establishing the Groundwork for Joint Ventures between Nonprofit and For-Profit Organizations

Joint ventures between nonprofit and for-profit entities are very popular these days, especially in the healthcare arena, where nonprofits are hungry for access to new sources of capital to fund efforts that will give them a competitive... read more

By Laura Kalick | September 04, 2014

The Focus on UBIT: Royalties and Affiliated Organizations

Back in July, I discussed how the Draft Tax Reform Act of 2014 (TRA 2014) could impact unrelated business income tax (UBIT) and the availability of the royalty exception for nonprofit entities. Under TRA 2014, any sale or licensing by a... read more