How will Sec. 4960 excise tax impact your tax-exempt organization?
- Date:
- April 4, 2019
The Tax Cuts and Jobs Act of 2017 imposed an excise tax on tax exempt organizations. In this on-demand webinar, we discuss newly released guidelines, and if necessary, how to apply the rules.
The Tax Cuts and Jobs Act imposed an excise tax on exempt organizations based on their payment of compensation in excess $1,000,000. The law also imposes a similar excise tax on excess parachute payments. The IRS issued long-awaited guidance in December 2018. In this on-demand webinar, we help you determine if the tax will impact your tax-exempt organization, and if so, how to apply the rules.
At the conclusion of this session, participants will be able to:
- Identify which compensation applies to computing the excise tax.
- Understand how to identify traps for the unwary hidden in the excess parachute provisions.
- Identify strategies to mitigate some or all of the tax.
Presenters:
- David Lowenthal, partner
- Michael Krucker, senior manager
- Edward Kim, principal
- Steve Gibson, manager
