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

CPE

When
Sept. 17
10:00 a.m. - 12:00 p.m.

CPE Credits
2-Tax

Details

 Pricing

PICPA Member: $89 | Nonmember: $114


 More Information

Course No.
PARK-2019-01-WEBNR-260-01
Level
Intermediate
Prerequisites
Basic individual income taxation rules

Description

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


Speaker(s)

Michael J Tucker, Ph.D., LL.M., J.D., CPA

Michael J. Tucker is an employee of Surgent McCoy CPE, LLC and a consultant for the accounting firm of T.M. Byxbee Co. in Hamden, CT. He is the author of many professional articles and a veteran TV and live-seminar presenter. In addition, he heads up Surgent McCoy's webinar efforts, where he writes and hosts many of the webinars Surgent McCoy sponsors and presents. Mr. Tucker was a professor at Quinnipiac University in Hamden, CT and worked with KPMG Peat Marwick and Deloitte & Touche. Mr. Tucker received his J.D. from New York University, his LL.M. from Georgetown University Law Center, and his Ph.D. from the University of Houston.

 

 


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