CPAR Taxes

CPAR GOV/NFP - Vol. 2020 - No. 4 - 02 - Tax Developments on Tax-Exempt and Government Entities - Part II

Tax exemption status has been taken for granted and a lot of organizations take advantage, and even though Form 990 is available to the public, the IRS feels there is not enough transparency. Organizations tend to forget that tax exemption is a privilege, not a right! Eva Mruk, director of the Tax Exempt Advisory Group at PKF O'Connor Davies, LLP gives us her views as to the rationale behind the IRS's position to start taxing nonprofit organizations and how this tax is different from a for-profit corporation tax. She also discusses the developments in donor-advised funds and the proposed regulations under IRC section 4567 and sheds some light on the IRS Modernization Plan and how it may potentially increase the risk of examinations.

Learning Objectives:

  • Identify sanctions and regimes in place by Treasury and the IRS on NFPs;
  • Recognize the factors determining significant activities other than the charitable mission of an NFP;
  • Understand the benefits and potential tax implications on DAFs and sponsoring organizations; and
  • Identify areas in which the IRS is using technology, data analytics and data scans.

Prerequisites/Advanced Preparation:

Work experience in tax planning or tax compliance, or an introductory course in taxation.

Speaker / Author:

Eva Mruk, director of the Tax Exempt Advisory Group at PKF O'Connor Davies, LLP.


Price (USD)

Standard: $69.90


Course Code : CPAR1496-FM

Release Date : 02/19/2021
Expire Date : 04/12/2023
Credits :
CPE 2.00
QAS 2.00

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

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