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New developments in UBIT for not-for-profits

Hosted by Ken Tysiac

Please note: This item is from our archives and was published in 2019. It is provided for historical reference. The content may be out of date and links may no longer function.

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The unrelated business income tax (UBIT) provisions of the Internal Revenue Code have long been a source of confusion for not-for-profits. Dave Moja, CPA, a tax partner at CapinCrouse LLP, discusses some of the activities not-for-profits should be aware of that produce unrelated business income. Moja also is Chair of the AICPA Not-for-Profit Advisory Council. (Visit the AICPA Not-for-Profit Section to find more information on not-for-profit tax compliance topics.)

What you’ll learn from this episode:

  • Common areas that should be analyzed by not-for-profits because they may produce unrelated business income.
  • Exemptions and exclusions from UBIT that are allowed under IRS rules.
  • How an organization that determines it has unrelated business income can report that income and pay the relevant taxes.
  • The addition to unrelated business income in the form of a “parking tax” that the law known as the Tax Cuts and Jobs Act has created.

Play the episode below:


To comment on this podcast or to suggest an idea for another podcast, contact Ken Tysiac, the JofA’s editorial director, at Kenneth.Tysiac@aicpa-cima.com.