CPAR NFP - Specialized Knowledge and Applications

CPAR GOV/NFP - Vol. 2018 - No. 1 - 03 - How Does Tax Reform Affect Not-for-Profit Organizations?

Course Overview
The enactment of the Tax Cuts and Jobs Act brought fundamental changes to U.S. tax law, from lower tax rates to a greater exemption from federal estate and gift taxation. Fortunately for us, Loscalzo Institute's Allen Fetterman stays up-to-date on all of these developments. He focuses on how the new tax law, by limiting itemized deductions to only the top five percent of tax filers, is already having - and will likely continue to have - a major impact on the governance and finances of the not-for-profit sector.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Explain why there is less incentive to make charitable contributions after the Tax Cuts and Jobs Act;
  • Identify how "bunching" of contributions could aid charities as well as donors;
  • Distinguish between the nonprofit excise tax on executive compensation and its equivalent for public companies; and
  • Define what is meant by the "Johnson Amendment."

Prerequisites/Advanced Preparation:

Work experience in government accounting or auditing, or an introductory course in government accounting

Speaker / Author:

CPAR Government/Not-For-Profit
SmartPros Ltd. is a leader in online and offline continuing education for accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Price (USD)

Standard: $69.90


Course Code : CPAR1329-FM

Course Level : Update
Course Type : Self-Study
Length : 1hr 40min
Passing Grade : 70%
Field Of Study : Specialized Knowledge
Format Type : eLearning
Mobile Compatible

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