ACPEN: Nonprofit Tax Rules After OBBA: From Regulation to Reporting

Overview

This course provides a comprehensive overview of nonprofit tax compliance in the evolving regulatory landscape following OBBA. Participants will examine the legislative changes impacting tax-exempt organizations, with a focus on governance, reporting obligations, unrelated business income, executive compensation, and compliance risk management. Attendees will learn how to translate regulatory requirements into accurate reporting and sound organizational policy.

*Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to terri.storer@acpen.com

Highlights

• Recent tax legislation and developments related to non-profit entities
• Special sections of Form 990 and various form related changes
• Nonprofit tax exemption applications
• “Intermediate sanctions” excise tax
• Excess compensation excise tax
• Excess parachute payment excise tax
• Unrelated business income tax
• Required profit motive
• The Mayo case
• Entertainment expenses
• Taxable fringe benefits (including employer-provided parking)

Prerequisites

Basic working knowledge of nonprofit taxation

Designed For

CPAs working in public accounting firms and for non-for-profit organizations

Objectives

• Apply the most recent tax provisions related to non-profit entities 
• Identify special sections of Form 990 and advise clients on tax rules related to public charities

Preparation

None