ASAE’s UBIT Coalition Continues to Grow

ASAE continues to enlist tax-exempt organizations in a concerted effort to fix a provision in the new tax law that requires tax-exempt organizations to pay taxes on employee parking and transportation benefits. Last year’s Tax Cuts and Jobs Act includes a provision requiring associations, charities, churches and other tax-exempt organizations to pay unrelated business income… Read more »

Help Educate Congress on the Value of Non-Dues Revenue

This March 21-22 at American Associations Day, ASAE’s legislative fly-in, attendees will meet with over 200 Congressional offices to educate them on association tax issues and The Power of A. As Congress worked to overhaul the tax code late last year, associations and other tax-exempt organizations were mostly spared from onerous changes to the tax… Read more »

ASAE Shares Guidance on ‘Siloing’ of UBIT

ASAE and the CPA firm Tate & Tryon prepared an article this week to help tax-exempt organizations understand a provision in the new tax law that requires separate reporting of taxable income from different business activities. The provision in the Tax Cuts and Jobs Act, the sweeping overhaul of the tax code signed into law… Read more »