Description

The tax on unrelated business income (UBI) presents unique challenges for exempt organizations and especially for employee benefit plans. This session will explore the rules for UBI in general, with a special emphasis on those that apply to employee benefit plans.

Learning Objectives:

• Understand the background and framework of the tax on unrelated business income
• Understand which elements of your investment portfolio may generate UBI.
• Analyze the UBI implications of funding an employee benefit plan
• Calculate the tax liability for an employee benefit plan or other exempt organization with UBI.

Speaker(s):

• J. Calvin Marks, CPA, EA, Senior Manager, Johnson Lambert
• Keith Mong, JD, LL.M., Grant Thornton