PPT-Unrelated Business Income Tax:

Basics for Community Colleges and Foundations Nikhil Bassi EA CPA MST Internal Auditor Contra Costa Community College District Introduction Community Colleges and their Foundations are taxexempt organizations under state and Federal law. 5 IC 6 37 IC 6 4 IC 6 6 IC 6 9 IC 6 9 IC 6 35 11 7 IC 6 35 24 IC 6 35 DISCLAIMER Information bulletins are intended to provide nontechnical assistance to the general public Every attempt is made to provide information that is consistent with the appr Page 2 GENERAL PURPOSE OF THE UNRELATED BUSINESS INCOME TAX. Primary Purpose. The main objective of the unrelated business income tax is to eliminate unfair competition between exempt and nonexemp Eric . Carriker. - Moderator. Milton . Cerny. Virginia Gross. Dave Moja. Background. Colleges and Universities Compliance Report. Questionnaire sent to 400 randomly selected colleges and universities. . Table 1 Income tax allowances Notes 2010 - 11 2011 - 12 2012 - 13 2013 - 14 2014 - 15 Personal Allowance Aged under 65 4 CORPORATE STRATEGY: DIVERSIFICATION AND THE MULTIBUSINESS COMPANY. Understand when and how business diversification can enhance shareholder value.. Gain an understanding of how related diversification strategies can produce cross-business strategic fit capable of delivering competitive advantage.. Ed. Larry Clark. Clover Park Technical College. BAR. May 29, 2015. UBI and Higher Ed. Agenda. Summary. Elements of UBI. Common activities that could trigger UBI. Exclusions from UBI. Recent Focus. Summary. Learning Objectives. Determine a taxpayer’s regular tax liability and identify tax issues associated with the process. . Compute a taxpayer’s alternative minimum tax liability and describe the tax characteristics of taxpayers most likely to owe the alternative minimum tax.. Affordable housing. Financing strategies. 9% Tax Credits. 4% Tax Credits. Workforce Housing (No Tax-Credits). *75% of units set aside for 60% Area Median Income and Below (Income Limits for 4 person household is ???) and 25% set aside for 30% Area Median Income and Below (Income Limits for a 4 person household is ??). For a Small Business. Welcome. Agenda. Ground Rules. Introductions. Objectives. After completing this training, you will be able to:. Identify the federal, state, and local tax reporting requirements of a small business and its owner, and establish a plan to account and pay them.. Your social security numberYour �rst name and middle initialIf a joint return, spouse’s �rst name and middle initial Single or Married Filing Separately 3 Joint 2 1 Refund 3 Filing StatusSingle or Married Filing Separately JointIf you have an EXTENSION check here and attach a copy EXTENSIONIf this is an AMENDEDreturn check hereIn the space provided below statewhy Welcome & Housekeeping . Introductions. Did everyone sign in?. PRE-Test Evaluation. 2. Agenda. Talk about filing a tax return with the Internal Revenue Service (IRS). Learn about the Earned Income Tax Credit (EITC) and other tax credits. IMAGE: WESTEND61/GETTY, HARVARD BUSINESS REVIEW. Tax in Australia. If you're an . Australian resident for tax purposes. , you are taxed on your worldwide income. If you're not an Australian resident for tax purposes, you are only taxed on your Australian-sourced income. . (How) should we tax the business profits of NFPs?. September 2011. Assoc Prof Miranda . Stewart. Melbourne Law School. 2. Extent of business activity. Finding Australia’s Social Enterprises Sector .