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Course Details

Course Information
  • smart_display Format

    Live Online with Live Q&A

  • signal_cellular_alt Difficulty Level

    Intermediate

  • work Practice Area

    Tax Law

Date & Time
  • event Date

    Monday, September 29, 2025

  • schedule Time

    1:00 p.m. ET./10:00 a.m. PT

  • timer Program Length

    90 minutes

Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

  • BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).


  • Live Online


    On Demand

$347.00

This course is $0 with these passes:

CLE
CPE
ALL

This CLE/CPE webinar will provide tax counsel and advisers a detailed analysis of key provisions of the One Big Beautiful Bill Act (OBBBA) impacting tax-exempt organizations and donors. The panel will discuss the endowment excise tax under Section 4968, excess compensation excise under Section 4960, charitable contributions, compliance risks, and planning strategies for tax-exempt organizations and donors.

Faculty

Noel A. Fleming
Partner
Archer & Greiner

Mr. Fleming focuses his practice on serving the legal needs of nonprofit organizations primarily in the areas of corporate law and governance, charitable trusts, federal, state and local tax matters, fiduciary duties, charitable fundraising, and related matters. He regularly acts as outside general counsel to a variety of nonprofit organizations, including publicly supported charities, private foundations, mental health organizations, social service providers, museums, educational institutions, and health care facilities. In this capacity, Mr. Fleming advises these organizations on all manner of issues affecting their operations including corporate formation and qualification for tax-exempt status, federal tax law compliance, nonprofit mergers and acquisitions, strategic alliances, corporate governance matters, charitable contribution issues, and unrelated business income tax questions.

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Devin Tenney
Director
Forvis Mazars, LLP

Mr. Tenney is a Director, Washington National Tax at Forvis Mazars.

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Description

The OBBBA provides significant changes to the U.S. income tax code impacting nonprofits and donors. The impact on tax-exempt organizations will have serious operational and tax reporting impacts on nonprofit entities and donors. For tax advisers and executives serving exempt organizations, the new law creates significant challenges.

The OBBBA contains provisions directly aimed at exempt organizations, including the expansion of the definition of covered employees, increases in excise taxes for private colleges and universities, changes to charitable contribution deductions, and other items impacting the operations and tax compliance of these organizations and donors.

Listen as our experienced panel provides a critical first look at the implications of OBBBA on nonprofit entities and donors, enabling tax advisers to get a grasp on the impact of the new law on exempt organization clients.

Outline

I. Provisions in 2025 tax legislation pertaining directly to tax-exempt organizations and donors

II. UBTI/UBIT calculations and reporting

III. Compensation of "covered employees"

IV. Business and individual provisions that will impact tax-exempt organizations

Benefits

The panel will discuss these and other key issues:

  • How certain excise taxes are applied and calculated under the new law
  • Tax reporting requirements under OBBBA
  • Impact on compensation of "covered employees"
  • Strategies for minimizing UBIT and excise taxes on compensation
  • Assessing the likely impact of reduced incentives for individual taxpayers to itemize on exempt orgs reliant on deductible contributions

NASBA Details

Learning Objectives

After completing this course, you will be able to:

  • Detail the provisions in the new tax law specifically aimed at tax-exempt organizations and donors
  • Determine how to calculate UBTI disallowing loss aggregation
  • Identify the impact of changes in tax provisions for individuals and business entities on tax-exempt organizations
  • Design strategies for minimizing the negative impacts of the new law on tax-exempt organizations

  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of pass-through taxation, including taxation of partnerships, S corporations and sole proprietorships, qualified business income, net operating losses and loss limitations; familiarity with net operating loss carry-backs, carry-forwards and carried interests.


Strafford Publications, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

Strafford is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).