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Unrelated Business Income


Total Credits: 2

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Faculty:
Larry C Howlett, CPA
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Description

What are the criteria causing an activity of a nonprofit organization to be an unrelated business activity? What are the exceptions causing an activity not to be an unrelated business activity? What is the concept of commerciality? What portion of the revenue would be unrelated income? What expenses may be deducted from the unrelated business income? What if the facilities are debt-financed?  This presentation will cover Unrelated Business Income and was given at the 2011 TSCPA Governmental Accounting & Auditing Conference on Thursday, June 2, 2011.

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