On June 16, 2020, PSW hosted a virtual discussion with national tax law experts on current tax trends affecting the nonprofit and charitable sectors. This discussion included: a summary of the recently issued IRS proposed regulations on calculating the unrelated business income tax (UBIT) for separate unrelated trades or businesses, an overview of COVID-19 related tax relief, and other pertinent topics such as regulations around executive compensation. This webinar offered valuable insight and perspectives for foundation leaders into the latest developments at the Department of Treasury and how to engage in the rule-making process.
Lynn Fisher, Vice President, The Rosewood Foundation (Moderator)
Ruth Madrigal, Principal, KPMG
Preston Quesenberry, Managing Director, KPMG
Elinor Ramey, Partner, Steptoe & Johnson LLP