New Tax Related Parking Rules for Not-for-profit and For-profit Entities Webinar

Sep 17
10:00 - 12:00 p.m.

Online

2-Tax
CPE Credits

IRS Notice 2018-99 contains new IRS guidance regarding how for-profit taxpayers determine deductible and non-deductible costs associated with employee and customer parking. Notice 2018-99 also contains guidance for not-for-profit organizations with respect to when these organizations generate UBTI by providing employee parking. Notice 2018-99 details the methods for-profit organizations can use to determine nondeductible parking expenses as well as specific guidance and transition relief for tax-exempt organizations.
Highlights

How to determine deductible and non-deductible employee parking expenses
Employee parking expenses that increase unrelated business taxable income for not-for-profit organizations
Methods employers use to provide tax-free parking benefits to employees
Expenses that are included as part of parking benefits provided to employees
Expenses that are deductible and not subject to the disallowance rule
Methodologies for determining nondeductible parking expenses
The four-step methodology

Registration

PICPA Member: $89
Nonmember: $114

More Information

Course No. PARK-2019-01-WEBNR-260-01

Level: Intermediate

Prerequisites: Basic individual income taxation rules

Speaker(s)

Michael Tucker

Surgent McCoy CPE LLC

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