A Look at the IRS Final Report on the Nonprofit Colleges and Universities Compliance Project: UBIT and Executive Compensation Lessons for All Tax-Exempt Organizations

In this Presentation:

Compliance Projects Generally -

- The Colleges and Universities Compliance Project:

- Timeline

- Final Report

Lessons to Be Learned from the Final Report -

- Tax-Exempt Colleges and Universities

- All Tax-Exempt Organizations

- Excerpt from Compliance Projects:

- The Colleges and Universities Compliance Project (“Project”) is part of an effort by the IRS to review the largest and most complex organizations in the tax-exempt community.

- Past compliance projects included:

- Hospitals

– Credit counseling organizations

- Ongoing compliance projects:

- Housing counseling and foreclosure prevention industry

– Organizations using the self-certification process

Please see full presentation below for more information.

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Topics:  Colleges, Compliance, Executive Compensation, IRS, Non-Profits, Nonprofit Research Organizations, UBIT, Universities, Unrelated Business Income Tax

Published In: Education Updates, Nonprofits Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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