Tax Reform for Tax-Exempt Organizations (Completed)

December 22, 2017 the Tax Cut and Jobs Act (TCJ Act) was signed into law. The TCJ Act is the largest overhaul of tax law in more than 30 years. The impact of the new law will be felt by tax exempt organizations. The impact is in effect now; beginning January 1, 2018 for organizations with employees.

Regardless of whether you are working with public charities, donors, private foundations, or trade associations, this webinar is for you. In this two-hour CPE webinar, Jane Searing, will walk you through the areas of the Act highlighting areas of change, uncertainty (where Treasury still must provide guidance), and steps you can take to get ready now.

Your non-profit organization or clients who are tax exempt organizations will be asking questions and trying to plan for this massive change.

Who Should Attend
This program is beneficial for CPAs, enrolled agents, tax return preparers, tax attorneys and financial advisors who work with not-for-profit organizations and their donors.

Topics Covered

• Understanding impact of the TCJ Act on tax-exempt organizations
• Planning for implementing changes to the unrelated business income tax rules
• Addressing impact of changes in the law to non-profits as employers

Learning Objectives

• Understand areas where additional guidance is needed or lacking guidance a tax position will need to be documented
• Identify reporting and compliance requirements and tax planning opportunities to discuss with clients

Level
Update

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic understanding of tax-exempt organizations and IRS reporting, compliance, and taxation issues.

Advance Preparation
None