Course Description: The course describes how charities and other exempt organizations can determine whether they have unrelated business income. It also analyzes the exceptions that allow certain types of income to escape the unrelated business income tax. 

Course Level: Intermediate

Course Prerequisites: None

Delivery Method: Self-study

At the end of this course, you will be able to: 

• Explain the fundamental standards for determining if an activity constitutes unrelated trade or business activity and identify the most common types of unrelated business activities; 
• Recognize the activities that are excluded from the definition of unrelated trade or business activity; and 
• Understand how unrelated trade or business activity is reflected on the annual IRS Forms 990 and 990-T.

CPE

1.5

CLE

N/A