Skip to content

Nonprofit Law Blog

By NEO Law Group

Skip to content
  • STARTUPS
  • FISCAL SPONSORSHIP
  • BOARDS
  • FOUNDATIONS
  • COLLABORATIONS
  • SOCIAL ENTERPRISE
  • HOME
Panorama of beautiful winter park

Categories

Search for:

parking

Whaaat?! Nonprofits need to pay taxes for providing employee parking!

Published on: August 2, 2018December 24, 2019 by Gene Takagi

Thanks to the Tax Cuts and Jobs Act (TCJA), if your nonprofit provides parking to its employees, it may now need to pay unrelated business income tax (UBIT) on the value of that parking benefit. That’s right – your tax-exempt organization may now need to pay income tax on an expense. Unrelated business income is the […]

Social

  • View Gtak’s profile on Twitter
  • LinkedIn
  • YouTube

Contact

NEO Law Group
535 Mission St., 14th Floor
San Francisco, CA 94105
info@neolawgroup.com
(415) 977-0558

Subscribe to Nonprofit Law Blog

  • Home
  • About Us
  • Disclaimer
  • NEO Law Group
© 2023 NEO Law Group. All rights reserved.