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Home » Tag: #HWA #HWAAlliance #Notprofits #Notforprofit #AICPA #TCJA #TCI #UBTI #IRS #Tax #Parking #Parkingexpenses
25
Oct 2019

Case Study: How the New “Parking Tax” Affects Nonprofits

Nonprofit
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The TCJA imposes unrelated business income tax on certain fringe benefits paid by nonprofits including any expenses paid or incurred after December 31, 2017, by a nonprofit for qualified transportation fringe benefits and parking facilities.

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