Alternative Investments for NFPs

Author: Clark Nuber, Jennifer Becker Harris, Frances Olson

Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2027 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card

Whether your organization is new, expanding, or maintaining the status quo, it can be challenging for tax-exempt organizations to determine whether alternative investments are a good fit for their portfolio. While alternative investments may yield a high rate of return, they also bring about increased administrative complexity and a likely increase in your accounting fees and tax filings. Organizations need to be equipped to make informed decisions when considering adding or keeping alternative investments within their portfolio. This course will explain the important tax nuances of alternative investments and how to evaluate whether they are a good fit for your organization. The course will primarily focus on tax and reporting implications when dealing with alternative investments.

Publication Date: August 2024

Designed For
TBD

Topics Covered

• Alternative Investment Types and Considerations
• Tax Implications of Alternative Investments: Unrelated Business Taxable Income, State Filings, Foreign Disclosures and Filings
• Consideratoin for Private Foundations
• Schedule K-1 Review
• Other Matters

Learning Objectives

• Identify basic considerations for investing in alternatives
• Recognize the foreign and state reporting requirements for alternative investments
• Identify unrelated business income tax traps in alternative investments
• Identify the carryover period for NOLs post 2020
• Identify the number of states that tax organizations for UBTI

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic knowledge of Schedules K-1 and annual compliance for tax-exempt organizations

Advance Preparation
None