Tax-Exempt Organizations and Donors Under OBBBA: Key Provisions, Compliance Risks, and Planning
Recording of a 90-minute premium CLE/CPE video webinar with Q&A
This CLE/CPE webinar will provide tax counsel and advisers a detailed analysis of key provisions of the One Big Beautiful Bill Act (OBBBA) impacting tax-exempt organizations and donors. The panel will discuss the endowment excise tax under Section 4968, excess compensation excise under Section 4960, charitable contributions, compliance risks, and planning strategies for tax-exempt organizations and donors.
Outline
- Provisions in 2025 tax legislation pertaining directly to tax-exempt organizations and donors
- UBTI/UBIT calculations and reporting
- Compensation of "covered employees"
- Business and individual provisions that will impact tax-exempt organizations
Benefits
The panel will discuss these and other key issues:
- How certain excise taxes are applied and calculated under the new law
- Tax reporting requirements under OBBBA
- Impact on compensation of "covered employees"
- Strategies for minimizing UBIT and excise taxes on compensation
- Assessing the likely impact of reduced incentives for individual taxpayers to itemize on exempt orgs reliant on deductible contributions
Faculty
Noel A. Fleming
Partner
Archer & Greiner
Mr. Fleming focuses his practice on serving the legal needs of nonprofit organizations primarily in the areas... | Read More
Mr. Fleming focuses his practice on serving the legal needs of nonprofit organizations primarily in the areas of corporate law and governance, charitable trusts, federal, state and local tax matters, fiduciary duties, charitable fundraising, and related matters. He regularly acts as outside general counsel to a variety of nonprofit organizations, including publicly supported charities, private foundations, mental health organizations, social service providers, museums, educational institutions, and health care facilities. In this capacity, Mr. Fleming advises these organizations on all manner of issues affecting their operations including corporate formation and qualification for tax-exempt status, federal tax law compliance, nonprofit mergers and acquisitions, strategic alliances, corporate governance matters, charitable contribution issues, and unrelated business income tax questions.
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Devin Tenney
Director
Forvis Mazars
Mr. Tenney is a Director, Washington National Tax at Forvis Mazars.
| Read MoreMr. Tenney is a Director, Washington National Tax at Forvis Mazars.
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