CPAR NFP - Specialized Knowledge and Applications

CPAR GOV/NFP - Vol. 2019 - No. 1 - 03 - Not-for-Profit Organizations and the Tax Law: An Odd Couple

Course Overview
Last year’s enactment of the Tax Cuts and Jobs Act brought fundamental changes to U.S. tax law, including many new provisions specifically affecting nonprofit organizations. Fortunately for us, regular expert commentator Allen Fetterman stays up-to-date on all of these developments. He focuses this quarter on how the tax law, by limiting the usefulness of itemized deductions, is already having (and will likely continue to have) a major impact on the 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;
  • Define what is meant by a "transportation fringe benefit"; and
  • Distinguish between the treatment of net operating losses by not-for-profit organizations and commercial enterprises.

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 : CPAR1393-FM

Release Date : 05/29/2019
Expire Date : 07/17/2021
Credits :
CPE 2.00
QAS 2.00

Course Level : Update
Length : 1hr 40min
Passing Grade : 70%
Field Of Study : Specialized Knowledge

Format Type : eLearning
Mobile Compatible
Course Type : Self-Study

Returning Subscribers

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