In this practical webinar, you will receive a detail overview of the changes that have been triggered within the Unrelated Business Income Tax (UBIT) following the implementation of the Tax Cuts and Job Act of 2017. Among other things, you will learn about the new aggregation of UBIT and the new fake UBIT that has caused much confusion among non-for-profits.
Upon course completion, you will be able to:
- Identify an Unrelated Business Income
- Calculate the Business Income Tax
- Determine what FUBIT (Fake Business Income Tax) is
- Minimize the impact of FUBIT
- Outline the other changes affecting UBIT
Program Level: Intermediate
Field of Study: Taxes, Accounting
Credit Type: Group Internet Based for the Live Program.