Smith & Gesteland Blog Updates to Unrelated Business Income Taxes

By: Cory Salzmann, CPA With the passing of the Tax Cuts and Jobs Act (TCJA) in December 2017, Congress passed the largest tax overhaul since 1986. While most of the provisions of the new law affect individuals and for-profit enterprises, there were some provisions that will affect non-profit entities. This includes an update to unrelated...