Course ID: TOTEO

Taxation of Tax-Exempt Organizations

Tax professionals must be aware of several situations that can result in tax-exempt organizations paying taxes and/or penalties. Filing penalties can be very significant for tax-exempt entities. There are also taxes on lobbying expenditures and on private foundation, along with the tax on unrelated business income. Once you have completed this course you will understand these areas and know how to avoid them if possible.

In-person and live webcast CPE credit: 4.0

Learning Objectives

After completing this course, you will be able to:

Categorize the different types of tax-exempt organizations, including private foundations.
Predict the initial and annual filing requirements for tax-exempt organizations.
Assess certain taxes applicable to tax-exempt entities.
Formulate the tax on unrelated business taxable income for a tax-exempt organization.

Major Topics

Types of tax-exempt organizations
Filing requirements and penalties
Lobbying taxes
Taxes on private foundations
Taxes on endowments on certain private universities
Unrelated business income

Advanced Preparations

None

Who Should Attend

Senior staff, managers, and partners

Fields of Study

Taxes

Prerequisites

Foundational knowledge for taxation of corporations

Provider

Business Learning Institute

CPE Credits

4.0

Level

Advanced

Markets We Serve