September 2010

Not-for-Profit Webinar: Practical Strategies for Addressing UBIT and Executive Compensation

Date: Wednesday, October 6, 2010 (Registration Closed)
Time: 11:00am CT
1 hour of CPE credit will be given.
View the recording here.

Password: Webinar
Teleconference #:1-866-699-3239
Event ID / Access Code: 662 864 272

Not-for-Profit organizations have traditionally experienced a reduced level of scrutiny by the IRS relative to for-profit companies; that is changing. As the IRS continues to search for revenue streams, they’re turning their attention to associations, arts & cultural institutions and other non-profit organizations in hopes of discovering compliance issues. In this hour-long webinar, three Blackman Kallick, LLP tax experts will advise on how to avoid vulnerability related to Unrelated Business Income and Executive Compensation. Specific topics to be covered are:

• Unrelated business income from your organization’s activities such as rental income, advertising income, sponsorships and royalty arrangements.
• Executive compensation – what is reasonable and how do you document it?
  

Costs: Free

Presenters:

David Lowenthal, Senior Tax Manager - David has 15 years of experience working with a diverse group of not-for-profits including cultural organizations, social service organizations, membership associations, economic development organizations, private schools, private foundations, and colleges and universities. He provides technical review of not-for-profit tax returns and is involved in complex consulting and planning. David helps clients on not-for-profit tax issues including Form 990, Form 990-T, qualification and preservation of tax exemption, executive compensation, FIN 48 and UPMIFA. He has also represented clients before the IRS at both the examination and appeal levels.

LuAnn Trapp, Tax Manager – Luann has more than 15 years of accounting and tax experience, comprised of not-for profit management, corporate and public accounting. She supervises and mentors the not-for-profit tax preparation team, performs a detailed review of Form 990 tax returns and related work, and prepares 990 tax returns for complex not-for-profit clients. Prior to joining Blackman Kallick, Lu Ann was the director of finance for Easter Seals National Headquarters.

Kimberly Haumann, Tax Manager - Kim is a Tax Manager in Blackman Kallick's Not-for-Profit Practice and has served not-for-profit clients for 12 years. She has worked with foundations, corporations, partnerships, trusts and estates. She supervises and mentors the not-for-profit tax preparation team, performs a detailed review of Form 990 tax returns and related work, and prepares 990 tax returns for our more complex clients.

View the recording here.

More about our Not-for-Profit Practice.