Understand new provisions that make some types of charitable contributions more appealing.
The webinar will introduce you to the concept of unrelated business income tax (UBIT), the IRS’s definition of “advertising,” and IRS requirements for reporting and paying federal income tax on UBIT.
Understand your IRS obligations for 2019 year-end tax receipts and download sample letters and email copy.
The option for qualified charitable distributions first emerged as part of the Pension Protection Act of 2006. This provision has been extended several times since then but now has been made permanent through the Protecting Americans from Tax Hikes Act of 2015. Here’s how it works:
Master IRS compliance with this update by John Crigler, attorney for Garvey, Schubert, Barer.