On Thursday, June 11th the Governmental Accounting Standards Board (GASB) issued a proposed technical bulletin to clarify accounting and financial reporting issues related to the Coronavirus Aid, Relief, and Economic …
Eddie Phillips Authors Whitepaper on the Discussion of UBI on Qualified Employee Parking
Discussion of UBI on Qualified Employee Parking Under the Tax Cuts and Jobs Act of 2017, certain fringe benefits provided to employees of tax-exempt organizations generate Unrelated Business Income if …
Jeremy Wilson Authors Whitepaper on ILITs and IDGTs: The Renewed Case for Old Friends
ILITs and IDGTs: The Renewed Case for Old Friends When Congress passed the American Taxpayer Relief Act of 2012 (“ATRA”), the unified credit for gift and estate tax became permanently …