6^th Annual

Higher Education Taxation Institute

The premier forum for public and private university tax, accounting, legal and business professionals

Austin Jun 4-5, 2018 AT&T Conference Center
Conference Concluded

Buy

Related products: eConference Materials

PRESENTED BY
The University of Texas School of Law
The University of Texas System Office of General Counsel

EVENT SPONSORS
KPMG LLP
Crowe Horwath LLP
Ice Miller LLP

SPONSORS
BDO USA, LLP
BLX Group LLC
Ernst & Young LLP
PwC

SUPPORTING ORGANIZATION
National Association of College and University Business Officers

Download Brochure (PDF)

Overview

The Higher Education Taxation Institute (HETI) provides a unique forum for college and university tax professionals from around the country to examine and discuss federal tax issues and compliance, as well as legislative, judicial, regulatory, and administrative changes affecting colleges and universities.

Examine recent tax law developments that affect institutions of higher education, including updates on Congressional activity, IRS rulings, and judicial decisions.
Learn how to prepare for an IRS Exempt Organizations examination in light of the new data-driven approach.
Explore best practices in managing the tax compliance process related to alternative investments.
Review the impact of tax reform on UBIT, including UBIT silo-ing, laws regarding fringe benefits and more.
Discuss international transactions including operations in foreign countries, permanent establishment and what’s happening with OECD.
Attendees are invited to network with program faculty and attendees at the Monday Evening Reception.

Come early on Sunday and attend the Higher Education Taxation Essentials program starting at noon – a great starter for those new to the higher education tax field and a perfect refresher for those who aren’t.

Event Schedule

Program is subject to change.
All times are Central Time Zone.

Day 1 June 4, 2018
Day 2 June 5, 2018

Time

Credit

Subject

Speaker
Monday Morning, June 4, 2018
Presiding Officer:
Rick Klee, University of Notre Dame - Notre Dame, IN
7:30 am

Registration Opens

Includes continental breakfast.
8:20 am

Welcoming Remarks
8:30 am

1.50 hrs

Recent Developments in College and University Tax Law

A review of recent tax law developments that affect institutions of higher education including recent tax law changes, IRS rulings and other guidance, and judicial decisions.

Bertrand M. Harding Jr., Law Offices of Bertrand M. Harding Jr. - Alexandria, VA
Donald E. Rich Jr., KPMG LLP - Greensboro, NC
10:00 am

0.75 hr

Navigating the IRS’s New Data-Driven Selection Approach for Exempt Organizations Examinations

Understand the IRS’s new data-driven case selection method, using Form 990 data, and how colleges and universities can prepare for and minimize the risks from an IRS examination.

Stephen M. Clarke, Ernst & Young LLP - Washington, DC
Bob Lammey, Ernst & Young LLP - Boston, MA
10:45 am

Break
11:00 am

1.00 hr

Advanced UBIT in the Wake of Tax Reform

Review how the recent tax legislation impacts the unrelated business income (UBI) of colleges and universities. The new law provides for “silo-ing” of unrelated activities so that losses from one activity cannot offset income from another activity. Also, the law requires an institution to include an amount in unrelated business income associated with certain fringe benefits. How expenses are allocated will be important with the new rules as will the use of net operating losses generated in prior years. Hear about the latest positions of the IRS and Treasury and some planning ideas.

Laura Kalick, BDO USA, LLP - Washington, DC
Amy Goodreau Williams, Duke University - Durham, NC
Kyle R. ZumBerge, The University of Texas System Office of General Counsel - Austin, TX
12:00 pm

Break to Pick Up Lunch

Included in registration.
Monday Afternoon, June 4, 2018
Presiding Officer:
Sean P. Scally, Vanderbilt University and Medical Center - Nashville, TN
LUNCHEON PRESENTATION
Thank You to Our Luncheon Sponsor

Crowe Horwath LLP
12:20 pm

1.00 hr

Behind the Curtain: Recent Legislative and Policy Developments

The 2017 tax reform legislation had many significant changes for tax exempt organizations, encompassing employee fringe benefits and compensation, UBIT changes, and endowment taxation. However, many organizations still are searching for reasons behind many of the changes. Understanding the rationale of congressional policymakers may help organizations in explaining the new rules to their communities and employees, and assist with compliance. This presentation provides unique access and background on the various changes, as well as insight into some of the conflicting goals that Treasury and IRS will need to address in their upcoming guidance.

Richard A. Grafmeyer, Capitol Tax Partners - Washington, DC
1:20 pm

Break
1:35 pm

1.25 hrs

Nonresident Alien Tax Issues

Recent tax law changes have impacted the area of nonresident alien tax compliance. Attendees should ensure that their institution is up to speed on any new requirements. In addition, we’ll dig a bit deeper into payments to foreign entities – which forms are necessary, how the forms should be completed, and how to withhold from and report the payments.

Donna Kepley, Arctic International LLC - Austin, TX
2:50 pm

1.00 hr

International Transactions

Get the tools needed to review international activities, identify potential issues, and develop strategies for mitigating tax risk to a university. Hear a discussion of challenges and approaches to tax compliance in operating abroad, with a focus on developing and executing a practical framework for tax-risk management.

Bob Lammey, Ernst & Young LLP - Boston, MA
Kyle Richard, University of Washington - Seattle, WA
Julia Shanahan, Columbia University - New York, NY
3:50 pm

Break
4:00 pm

0.75 hr

Settlement Taxation

Settlements of legal action against the university are among the more sensitive and urgent transactions that practitioners encounter. Review the tax treatment of settlement payments and hear practical considerations for achieving compliance and avoiding surprises.

Benjamin A. Davidson, The University of North Carolina at Chapel Hill - Chapel Hill, NC
Bertrand M. Harding Jr., Law Offices of Bertrand M. Harding Jr. - Alexandria, VA
4:45 pm

1.00 hr

Analyzing Fringe Benefits

Recieve a framework for analysis of various types of fringe benefits provided by a typical college or university. After a discussion of the general approach, hear an analysis of various examples to illustrate the application of the process used to determine taxability.

Joseph R. Irvine, The Ohio State University - Columbus, OH
Donald E. Rich Jr., KPMG LLP - Greensboro, NC
Julia Shanahan, Columbia University - New York, NY
5:45 pm

Adjourn to reception
Thank You to Our Reception Sponsor

KPMG LLP

Time

Credit

Subject

Speaker
Tuesday Morning, June 5, 2018
Presiding Officer:
Kyle R. ZumBerge, The University of Texas System Office of General Counsel - Austin, TX
7:30 am

Conference Room Opens

Includes continental breakfast.
8:00 am

1.00 hr

Tax-Exempt Bond Compliance Strategies

Discuss the new IRS safe-harbor management contract rules, and hear an overview of the 2017 Tax Act and its impact on tax-exempt bond financing, and the essential elements of building a post-issuance tax compliance program, including Schedule K reporting.

Kelly Farmer, University of Minnesota System - Minneapolis, MN
Cynthia Nethercut, Yale University - New Haven, CT
Edwin Oswald, Orrick, Herrington & Sutcliffe LLP - Washington, DC
9:00 am

1.00 hr

Alternative Investments: The Keys to Managing Tax Risks

Alternative investments present tough challenges to tax advisers and tax professionals of colleges and universities and can be a strain on resources – including intensive information gathering, combing through complex Schedules K-1, communicating with investment advisors, and rigorous tax reporting. Learn best practices on how to manage the tax compliance process related to alternative investments, including leveraging relationships with campus resources including the offices of Investment, Treasury, and Accounting.

John R. Barrett, University of California System - Oakland, CA
Jackie Coburn, Crowe Horwath LLP - Dallas, TX
Rick Klee, University of Notre Dame - Notre Dame, IN
10:00 am

Break
10:15 am

1.00 hr

People Payments: Executive Compensation Tax Issues

Review tax aspects of different executive compensation options for public and private colleges and universities, including analysis of new excise tax on compensation to highly paid employees and intermediate sanctions. Common errors and pitfalls will be highlighted.

Tara Schulstad Sciscoe, Ice Miller LLP - Indianapolis, IN
Wendy M. Swary, The Ohio State University - Columbus, OH
11:15 am

1.00 hr

UBIT Work Papers - Getting Forms Together, Risk Management and Audit Preparedness

Overview and discussion of two institutions’ approaches on preparing the 990-T for filing, CFO review and potential IRS audit. See a demonstration of workpapers used in preparation of the return, including summary documents used to prepare your CFO for the 990-T.

Jodi R. Kessler, Massachusetts Institute of Technology - Cambridge, MA
Joel Levenson, University of Central Florida - Orlando, FL
12:15 pm

Adjourn

Day 1 June 4, 2018
Day 2 June 5, 2018

Download Schedule

Conference Faculty

John R. Barrett

University of California System
Oakland, CA

Stephen M. Clarke

Ernst & Young LLP
Washington, DC

Jackie Coburn

Crowe Horwath LLP
Dallas, TX

Benjamin A. Davidson

The University of North Carolina at Chapel Hill
Chapel Hill, NC

Kelly Farmer

University of Minnesota System
Minneapolis, MN

Richard A. Grafmeyer

Capitol Tax Partners
Washington, DC

Bertrand M. Harding Jr.

Law Offices of Bertrand M. Harding Jr.
Alexandria, VA

Joseph R. Irvine

The Ohio State University
Columbus, OH

Laura Kalick

BDO USA, LLP
Washington, DC

Donna Kepley

Arctic International LLC
Austin, TX

Jodi R. Kessler

Massachusetts Institute of Technology
Cambridge, MA

Rick Klee

University of Notre Dame
Notre Dame, IN

Bob Lammey

Ernst & Young LLP
Boston, MA

Joel Levenson

University of Central Florida
Orlando, FL

Cynthia Nethercut

Yale University
New Haven, CT

Edwin Oswald

Orrick, Herrington & Sutcliffe LLP
Washington, DC

Donald E. Rich Jr.

KPMG LLP
Greensboro, NC

Kyle Richard

University of Washington
Seattle, WA

Tara Schulstad Sciscoe

Ice Miller LLP
Indianapolis, IN

Julia Shanahan

Columbia University
New York, NY

Wendy M. Swary

The Ohio State University
Columbus, OH

Amy Goodreau Williams

Duke University
Durham, NC

Kyle R. ZumBerge

The University of Texas System Office of General Counsel
Austin, TX

Planning Committee

Kelly Farmer—Co-Chair

University of Minnesota System
Minneapolis, MN

Rick Klee—Co-Chair

University of Notre Dame
Notre Dame, IN

Kyle R. ZumBerge—Co-Chair

The University of Texas System Office of General Counsel
Austin, TX

Mary M. Bachinger

National Association of College and University Business Officers (NACUBO)
Washington, DC

John R. Barrett

University of California System
Oakland, CA

Alan Bond

BLX Group
New York, NY

Laura E. Butzel

Patterson Belknap Webb & Tyler LLP
New York, NY

Jackie Coburn

Crowe Horwath LLP
Dallas, TX

Benjamin A. Davidson

The University of North Carolina at Chapel Hill
Chapel Hill, NC

Robert W. Friz

PwC
Philadelphia, PA

Bertrand M. Harding Jr.

Law Offices of Bertrand M. Harding Jr.
Alexandria, VA

Joseph R. Irvine

The Ohio State University
Columbus, OH

Joanna Jefferson

The University of Texas School of Law
Austin, TX

Edward J. Jennings

University of Michigan
Ann Arbor, MI

Laura Kalick

BDO USA, LLP
Washington, DC

Donna Kepley

Arctic International LLC
Austin, TX

Jodi R. Kessler

Massachusetts Institute of Technology
Cambridge, MA

Bob Lammey

Ernst & Young LLP
Boston, MA

Joel Levenson

University of Central Florida
Orlando, FL

Alexandra Mitchell

KPMG LLP
Washington, DC

Kyle Richard

University of Washington
Seattle, WA

Sean P. Scally

Vanderbilt University and Medical Center
Nashville, TN

Julia Shanahan

Columbia University
New York, NY

Noel A. Sloan

Texas Tech University
Lubbock, TX

Mike Sorrells

Tate & Tryon
Washington, DC

A. L. (Lorry) Spitzer

Massachusetts Institute of Technology
Cambridge, MA

Wendy M. Swary

The Ohio State University
Columbus, OH

Credit Info

Austin

MCLE Credit

Texas – 12.25 hrs
Legal Specialization(s): Tax Law

You may claim your credit online in Your Briefcase, and UT Law CLE will report credit on your behalf to the State Bar of Texas. A Certificate of Attendance will be provided in Your Briefcase for your records. The system reports Texas CLE credit every Tuesday. If you are claiming credit in the last week of your birth month, self-report your CLE credit directly to the State Bar of Texas at texasbar.com, using the course number provided on your certificate of attendance.

California – 12.25 hrs

You must claim your credit online in Your Briefcase, and will then be provided a Certificate of Attendance for your records. UT Law CLE is required to provide the State Bar with electronic attendance records for any MCLE participatory activity within 60 days of completion of the activity. The California licensee is responsible for reporting their compliance/credit hours earned to the State Bar at the end of their reporting period directly to the State Bar of California at calbar.ca.gov. UT Law CLE will maintain Attendance Records for four years.

Ohio – 12.25 hrs

You must claim and certify your credit online in Your Briefcase, you will then be provided a Certificate of Attendance for your records. UT Law CLE will report credit on your behalf to The Supreme Court of Ohio within 30 days after the conference.

Oklahoma – 14.50 hrs

You must claim and certify your credit online in Your Briefcase, then you will then be provided a Certificate of Attendance for your records. UT Law CLE will report credit on your behalf to the Oklahoma Bar Association within 30 days after the conference.

Other Credit

National Accounting CPE – 14.50 hrs

The University of Texas School of Law is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Delivery Method: Group-Live (UT Law CLE is a provider of NASBA Group-Live credit only, which excludes online offerings. If you need Accounting credit in any state other than Texas, please review the self-reporting guidelines on the NASBA website to confirm your ability to self-report credit from the live webcast.)

To comply with NASBA Standards, attendees claiming CPE credit must sign in to verify attendance for each segment. Attendance sign-in sheets will be available at the registration desk. You will need your CPA license number to sign in. A CPE Certificate of Completion will be provided at the conclusion of the conference.

Reporting: CPAs are responsible for reporting CPE credits earned to their state's accountancy board, and must retain appropriate documentation of their participation in learning activities. Visit your state’s reporting website for more information or www.nasba.org.

TX Accounting CPE – 14.50 hrs

The University of Texas School of Law (Provider #250) live conferences are presumptively approved by The Texas State Board of Public Accountancy for Texas Accounting CPE credit based on a 50-minute credit hour. Approved for general CPE credit only.

At the conference, you are welcome to sign in on the Accounting CPE Record of Attendance form at the registration desk, but we are now reporting all credit online. You will receive a Texas Accounting Certificate of Completion in Your Briefcase. Self-report your CPE credit directly to TSBPA. UT Law CLE will maintain Attendance Records for four years.

Contact us at accreditation@utcle.org if you have additional questions.

Key Dates

Austin – Jun 4-5, 2018 – AT&T Conference Center

Conference Concluded

Buy

Austin

Individual
Last day for $595.00 Regular pricing: May 23, 2018

$645.00 for registrations received after this time

Group (5 registrants minimum)
Last day for $535.00 Regular pricing: May 23, 2018

$595.00 for registrations received after this time

Group (10 registrants minimum)
Last day for $475.00 Regular pricing: May 23, 2018

$525.00 for registrations received after this time

Last day for cancellation (full refund): May 29, 2018

$50 processing fee applied after this date

Last day for cancellation: May 31, 2018

Venue

AT&T Conference Center

The University of Texas at Austin
1900 University Avenue
Austin, TX
877.744.8822 (reservations)
Map

Accommodations

Special Room Rate: $189 good through May 1, 2018. Reference "Higher Education Tax Institute 2018" when you call reservations or book your room online here.

Parking Information

Free daily self-parking at UT garages. Separate fees apply for valet and overnight parking.

Our Sponsors

Thank you to our sponsors! Click each logo below to learn more.

KPMG LLP

KPMG LLP, the audit, tax and advisory firm, is the U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms have 145,000 professionals, including more than 8,000 partners, in 152 countries. KPMG has a national network of exempt organization tax professionals providing tax consulting and compliance services to colleges, universities, healthcare providers and many other types of tax-exempt organizations.
kpmg.com
Crowe Horwath LLP

Crowe Horwath LLP is one of the fastest-growing firms in the United States, with an expanding footprint of offices and a top 10 ranking among U.S. accounting and consulting firms. Crowe has a strong focus on deep industry specialization focused on key industries, including Higher Education. Crowe has made long-term investments in developing the higher education and not-for-profit practice and has substantial resources available to meet the changing needs of our higher education clients. Crowe is also the only Firm that has developed an IRS-approved comprehensive toolset (the C-TRAC®) to assist clients with all not-for-profit tax compliance. C-TRAC is a web-based platform consisting of 10 modules built for various tax-exempt organizations including the debut of the C-TRAC Benchmarking Module which will allow the organization to access and export the 990s of any organization within the IRS e-file database.
crowehorwath.com
Ice Miller LLP

Ice Miller LLP is a full service law firm dedicated to helping our clients stay ahead of a changing world. With over 340 legal professionals in seven offices, we advise clients on all aspects of complex business issues across more than 20 practice areas. Built on a 100+ year foundation of legal service, Ice Miller LLP is committed to helping our clients stay ahead of a changing world.

Our diverse client base ranges from start-ups to Fortune 500 companies and from governmental entities to educational organizations and pension funds. Our clients span the business economy from service to industrial to tech. In the non-profit sector our experience includes work with charitable, fiduciary, educational and governmental entities. Our attorneys strive to develop a deep understanding of each client's needs in order to help them build, grow and protect their most valued assets.
icemiller.com
BDO USA, LLP

Industry experience is at the top of the list of what organizations expect from their accountants and advisors. BDO’s dedicated Higher Education industry approach provides our clients specialized knowledge and experience that comes from working directly with colleges and universities. The power of industry experience is perspective. We leverage our knowledge and resources to bring that perspective. BDO's industry focus is part of who we are and how we serve our clients, and People Who Know Higher Education, Know BDO.
bdo.com
BLX Group LLC

Since 1989, BLX has offered a comprehensive range of financial and consulting services to the public finance community. In addition to arbitrage rebate and continuing disclosure services, BLX provides tailored post-issuance compliance services including: private business use analyses (accompanied by an opinion from Orrick, one of the nation’s leading public finance law firms and our parent company), bond proceeds expenditure analyses and final allocation services, and IRS Schedule K review and completion services.

With roughly 40 public finance professionals in offices throughout the country, BLX can assemble a team of consultants with the appropriate skills and experience to formulate solutions to even the most demanding projects.

blxgroup.com
Ernst & Young LLP

EY is a global leader in assurance, tax, transaction and advisory services for the higher education industry. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY combines industry-leading practices with an understanding of the university’s unique needs. Drawing on many years of experience, we can work with you to help strengthen your institution and achieve lasting improvements.
ey.com
PwC

PwC’s higher education practice is built to help address the opportunities and challenges faced by higher education institutions today. With dedicated professionals working with colleges and universities across the nation, PwC assists our higher education clients in tax compliance and planning and in identifying opportunities to increase accountability, transparency, and help to transform to align resources to support their missions.
pwc.com

6th Annual

Higher Education Taxation Institute

The premier forum for public and private university tax, accounting, legal and business professionals

Austin Jun 4-5, 2018 AT&T Conference Center Conference Concluded

Buy

Related products: eConference Materials

Overview

Event Schedule

Monday Morning, June 4, 2018

Monday Afternoon, June 4, 2018

Tuesday Morning, June 5, 2018

Conference Faculty

John R. Barrett

Stephen M. Clarke

Jackie Coburn

Benjamin A. Davidson

Kelly Farmer

Richard A. Grafmeyer

Bertrand M. Harding Jr.

Joseph R. Irvine

Laura Kalick

Donna Kepley

Jodi R. Kessler

Rick Klee

Bob Lammey

Joel Levenson

Cynthia Nethercut

Edwin Oswald

Donald E. Rich Jr.

Kyle Richard

Tara Schulstad Sciscoe

Julia Shanahan

Wendy M. Swary

Amy Goodreau Williams

Kyle R. ZumBerge

Planning Committee

Kelly Farmer—Co-Chair

Rick Klee—Co-Chair

Kyle R. ZumBerge—Co-Chair

Mary M. Bachinger

John R. Barrett

Alan Bond

Laura E. Butzel

Jackie Coburn

Benjamin A. Davidson

Robert W. Friz

Bertrand M. Harding Jr.

Joseph R. Irvine

Joanna Jefferson

Edward J. Jennings

Laura Kalick

Donna Kepley

Jodi R. Kessler

Bob Lammey

Joel Levenson

Alexandra Mitchell

Kyle Richard

Sean P. Scally

Julia Shanahan

Noel A. Sloan

Mike Sorrells

A. L. (Lorry) Spitzer

Wendy M. Swary

Credit Info

MCLE Credit

Other Credit

Key Dates

Venue

AT&T Conference Center

Accommodations

Parking Information

Our Sponsors

Stay in the loop with UT Law CLE

6^th Annual

Austin Jun 4-5, 2018 AT&T Conference Center
Conference Concluded