Author Archives for Amy Bucklin

IRS Issues Final Regulations on UBTI “Silos”

April 27, 2021 7:56 pm Published by Leave your thoughts

April 27, 2021 - The U.S. Treasury and IRS have published final regulations under Internal Revenue Code Section 512(a)(6), the provision requiring tax-exempt organizations with more than one unrelated trade or business to calculate unrelated business taxable income (UBTI) separately with respect to each trade or business.


Webcast for Higher Education: HEERF Update – Where are the “Gotchas”?

April 27, 2021 9:01 am Published by Leave your thoughts

July 15, 2021 - The American Rescue Plan Act of 2021 provided institutions of higher education with their third round of pandemic emergency relief funding through the Higher Education Emergency Relief Fund (HEERF). This recorded webcast reviews the lessons learned from the administration and audits of HEERF I and II and explore the potential impact on HEERF III.