7^th Annual

Higher Education Taxation Institute

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

Austin Jun 3-4, 2019 AT&T Conference Center
Conference Concluded

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 about the various aspects of international tax compliance and how to apply the principles when conducting business in another country.
Explore the recent changes to athletic seating rights, gift acceptance policies and agreements, and other issues related to complex gifts.
Discuss the legal and practical implications of qualified transportation fringe benefits.
Understand the impact of siloing in reporting UBIT, including how direct activities may be allocated, how investment activities may be handled, and different methods and considerations for both.
Visit with program faculty and attendees at the Monday Evening Welcome to Texas BBQ Reception.

Join us on Sunday for the Higher Education Taxation Essentials program beginning at noon—a great introduction 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 3, 2019
Day 2 June 4, 2019

Time

Credit

Subject

Speaker
Monday Morning, June 3, 2019
Presiding Officer:
Kyle R. ZumBerge, The University of Texas System Office of General Counsel - Austin, TX
7:30 am

Registration Opens

Includes continental breakfast.
8:20 am

Opening Remarks
8:30 am

1.25 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., Greensboro, NC

Bertrand M. Harding Jr., Law Offices of Bertrand M. Harding Jr. - Alexandria, VA
Donald E. Rich Jr., Greensboro, NC
9:45 am

1.00 hr

Multi-State Tax Issues and Compliance

Wayfair happened, now what do we do? A practical approach to sales tax compliance as well as insight from the legal side. Also discuss employment, UBI, and other tax compliance issues institutions face when crossing state lines and how to determine when those lines have been crossed.

Kara Newcomb, Texas Tech University - Lubbock, TX
Kevin Spiegel, Crowe LLP - Chicago, IL
Kevin Walker, Brigham Young University - Provo, UT

Kara Newcomb, Texas Tech University - Lubbock, TX
Kevin Spiegel, Crowe LLP - Chicago, IL
Kevin Walker, Brigham Young University - Provo, UT
10:45 am

Break
11:00 am

1.00 hr

International Tax Compliance

Hear an overview of recent developments to be aware of in tax related areas when conducting business in another country. After an introduction to the various aspects of international tax compliance, apply the principles to conducting business in India and discover an approach to common scenarios experienced by higher ed institutions.

Bob Lammey, Ernst & Young LLP - Boston, MA
Roshan Samuel, Ernst & Young LLP - Chicago, IL
Julia Shanahan, Columbia University - New York, NY

Bob Lammey, Ernst & Young LLP - Boston, MA
Roshan Samuel, Ernst & Young LLP - Chicago, IL
Julia Shanahan, Columbia University - New York, NY
12:00 pm

Break to Pick Up Lunch

Included in registration.
Monday Afternoon, June 3, 2019
Presiding Officer:
Kyle Richard, University of Washington - Seattle, WA
LUNCHEON PRESENTATION
Thank You to Our Luncheon Sponsor

Crowe LLP
12:20 pm

1.00 hr

Behind the Curtain: Recent Legislative and Policy Developments

Understanding the rationale of congressional policymakers may help organizations in explaining new rules to their communities and employees, and assist with compliance. This presentation provides unique access and background on 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

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

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

1.00 hr

Executive Compensation in Higher Education: Tax Issues and Opportunities

Recruitment and retention of talented employees are crucial for the success of both public and private colleges and universities. Executive compensation can be complex and involve important tax and legal considerations. Review the tax aspects of different forms of executive compensation, including enhanced use of deferred compensation plans, presidential housing, and noncommercial air travel, as well as the new excise tax on compensation paid to certain highly compensated employees.

Karen Field, RSM LLP - Washington, DC
Wendy M. Swary, The Ohio State University - Columbus, OH

Karen Field, RSM LLP - Washington, DC
Wendy M. Swary, The Ohio State University - Columbus, OH
3:50 pm

Break
4:00 pm

1.50 hrs

Siloing and Unrelated Business Income Activity

As if UBIT weren’t complicated enough, new rules require nonprofits to compute gains and losses from one unrelated trade or business separately from every other unrelated trade or business. So what, exactly, is a trade or business? And what does one do about UBIT that does not derive from a trade or business? Are there structuring opportunities that colleges and universities can use to get better results? This panel will discuss these and many other issues implicated by the new rules.

Moderator:
Alexander L. Reid, Morgan, Lewis & Bockius LLP - Washington, DC
Panelists:
Erin Couture, PwC - Boston, MA
Jodi R. Kessler, Massachusetts Institute of Technology - Cambridge, MA
Kyle R. ZumBerge, The University of Texas System Office of General Counsel - Austin, TX

Moderator:
Alexander L. Reid, Morgan, Lewis & Bockius LLP - Washington, DC
Panelists:
Erin Couture, PwC - Boston, MA
Jodi R. Kessler, Massachusetts Institute of Technology - Cambridge, MA
Kyle R. ZumBerge, The University of Texas System Office of General Counsel - Austin, TX
5:30 pm

Adjourn
Thank You to Our Welcome to Texas Reception Sponsor
KPMG LLP

Time

Credit

Subject

Speaker
Tuesday Morning, June 4, 2019
Presiding Officer:
Alexandra O. Mitchell, RSM US LLP - Washington, DC
7:45 am

Conference Room Opens

Includes continental breakfast.
8:00 am

0.50 hr

Parking and Transportation Tax: Legal Update

The new tax on parking and transportation expenses continues to be one of the more controversial tax reform provisions. Two experts on the new law will discuss what is settled, and what questions remain.

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

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
8:30 am

1.00 hr

Parking and Transportation Tax: Practical Implications

Universities across the country are examining their parking and transportation programs to minimize tax exposure and still be in compliance with the new tax law. Three campus experts will discuss how their institutions have responded in the face of ongoing uncertainty in this area of the tax law.

Moderator:
Benjamin A. Davidson, The University of North Carolina at Chapel Hill - Chapel Hill, NC
Panelists:
Kelly Farmer, University of Minnesota System - Minneapolis, MN
Kyle Richard, University of Washington - Seattle, WA
Kyle R. ZumBerge, The University of Texas System Office of General Counsel - Austin, TX

Moderator:
Benjamin A. Davidson, The University of North Carolina at Chapel Hill - Chapel Hill, NC
Panelists:
Kelly Farmer, University of Minnesota System - Minneapolis, MN
Kyle Richard, University of Washington - Seattle, WA
Kyle R. ZumBerge, The University of Texas System Office of General Counsel - Austin, TX
9:30 am

1.00 hr

Sponsored Research - Managing Compliance and Maximizing Revenues

Sponsored research undertaken by higher ed institutions continues to be an area of growth and can be a substantial source of revenue, albeit with some hefty compliance requirements. Discuss the IRS safe harbor rules regarding sponsored research as provided in Rev Proc 2007-47 and hear from a higher ed representative on internal policies and procedures relating to the management of sponsored research on a campus that utilizes both tax-exempt and other sources of financing.

Moderator:
Alan Bond, BLX Group - New York, NY
Panelists:
Charles C. Cardall, Orrick, Herrington & Sutcliffe LLP - San Francisco, CA
Edwin Oswald, Orrick, Herrington & Sutcliffe LLP - Washington, DC
John Sanchez, Tufts University - Somerville, MA

Moderator:
Alan Bond, BLX Group - New York, NY
Panelists:
Charles C. Cardall, Orrick, Herrington & Sutcliffe LLP - San Francisco, CA
Edwin Oswald, Orrick, Herrington & Sutcliffe LLP - Washington, DC
John Sanchez, Tufts University - Somerville, MA
10:30 am

Break
10:45 am

1.00 hr

Tax and Legal Issues Related to Charitable Contributions

Universities want to keep their donors happy, but also need to be aware of the tax and legal issues related to gifts. Discuss the recent changes to athletic seating rights, gift acceptance policies, gift agreements, and other issues related to complex gifts.

Joseph R. Irvine, The Ohio State University - Columbus, OH
Sean P. Scally, Vanderbilt University - Nashville, TN

Joseph R. Irvine, The Ohio State University - Columbus, OH
Sean P. Scally, Vanderbilt University - Nashville, TN
11:45 am

1.00 hr ethics

Ethical Issues in Practicing Before the IRS

Focus on ethical responsibilities and considerations in representing non-profits before the IRS. In particular, the session will address the practical impact of Circular 230, the intersection between Circular 230 and state rules for both attorneys and CPAs, and managing IRS exams and other encounters with the IRS.

Meghan R. Biss, Caplin & Drysdale, Chartered - Washington, DC
Ruth M. Madrigal, KPMG LLP - Washington, DC

Meghan R. Biss, Caplin & Drysdale, Chartered - Washington, DC
Ruth M. Madrigal, KPMG LLP - Washington, DC
12:45 pm

Adjourn

Day 1 June 3, 2019
Day 2 June 4, 2019

Download Schedule

Conference Faculty

Meghan R. Biss

Caplin & Drysdale, Chartered
Washington, DC

Alan Bond

BLX Group
New York, NY

Charles C. Cardall

Orrick, Herrington & Sutcliffe LLP
San Francisco, CA

Erin Couture

PwC
Boston, MA

Benjamin A. Davidson

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

Kelly Farmer

University of Minnesota System
Minneapolis, MN

Karen Field

RSM LLP
Washington, DC

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

Donna Kepley

Arctic International LLC
Austin, TX

Jodi R. Kessler

Massachusetts Institute of Technology
Cambridge, MA

Bob Lammey

Ernst & Young LLP
Boston, MA

Ruth M. Madrigal

KPMG LLP
Washington, DC

Kara Newcomb

Texas Tech University
Lubbock, TX

Edwin Oswald

Orrick, Herrington & Sutcliffe LLP
Washington, DC

Alexander L. Reid

Morgan, Lewis & Bockius LLP
Washington, DC

Donald E. Rich Jr.

Greensboro, NC

Kyle Richard

University of Washington
Seattle, WA

Roshan Samuel

Ernst & Young LLP
Chicago, IL

John Sanchez

Tufts University
Somerville, MA

Sean P. Scally

Vanderbilt University
Nashville, TN

Julia Shanahan

Columbia University
New York, NY

Kevin Spiegel

Crowe LLP
Chicago, IL

Wendy M. Swary

The Ohio State University
Columbus, OH

Kevin Walker

Brigham Young University
Provo, UT

Kyle R. ZumBerge

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

Planning Committee

Jodi R. Kessler—Co-Chair

Massachusetts Institute of Technology
Cambridge, MA

Kyle Richard—Co-Chair

University of Washington
Seattle, WA

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

Jackie Coburn

Crowe 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

Robert W. Friz

PwC
Philadelphia, PA

Adam Gale

Baker & Hostetler LLP
New York, NY

Bertrand M. Harding Jr.

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

Joseph R. Irvine

The Ohio State University
Columbus, OH

Edward J. Jennings

University of Michigan
Ann Arbor, MI

Laura Kalick, Esq.

Kalick Law LLC
Washington, DC

Donna Kepley

Arctic International LLC
Austin, TX

Bob Lammey

Ernst & Young LLP
Boston, MA

Joel Levenson

University of Central Florida
Orlando, FL

Alexandra O. Mitchell

RSM US LLP
Washington, DC

April Rogers

The University of Texas School of Law
Austin, TX

Sean P. Scally

Vanderbilt University
Nashville, TN

Julia Shanahan

Columbia University
New York, NY

Noel A. Sloan

Texas Tech University
Lubbock, TX

Mike Sorrells

Tate & Tryon
Washington, DC

Wendy M. Swary

The Ohio State University
Columbus, OH

Credit Info

Austin

MCLE Credit

Texas – 12.50 hrs | 1.00 hrs Ethics
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 – 12.50 hrs | 1.00 hrs Ethics

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 – 12.50 hrs | 1.00 hrs Ethics

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 – 15.00 hrs | 1.00 hrs Ethics

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 – 15.00 hrs | 1.00 hrs Ethics

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

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 once you claim and certify your credits in your UTCLE.org Briefcase 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 – 15.00 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 3-4, 2019 – AT&T Conference Center

Conference Concluded

Buy

Austin

Individual
Last day for $595.00 Regular pricing: May 22, 2019
$645.00 for registrations received after this time

Group (5 registrants minimum)
Last day for $536.00 Regular pricing: May 22, 2019
$586.00 for registrations received after this time

Group (10 registrants minimum)
Last day for $476.00 Regular pricing: May 22, 2019
$526.00 for registrations received after this time

Cancellation Policy
Last day for full refund cancellation: May 23, 2019
$50 processing fee applied after this date
Last day for cancellation: May 28, 2019

Venue

AT&T Conference Center

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

Accommodations

$189 room rate good through May 1, 2019 (subject to availability).

Book your room online or call the reservations department at 877-744-8822 and reference the 2019 Higher Education Tax Institute. The reservations link will be active until the room block is full or the cutoff date of 5/1/19, whichever comes first.

Our Sponsors

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

KPMG LLP

KPMG LLP
kpmg.com

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.
Crowe LLP

Crowe LLP
crowe.com

Founded in 1942, Crowe 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. Over the course of seven decades, Crowe has evolved from a small local firm to a large national firm with global reach. We have a strong focus on deep industry specialization, with dedicated teams focused on key industries. Crowe has been working with public sector organizations for over 50 years and serves more than 800 tax exempt entities nationally, including more than 170 colleges and universities.

Crowe is the only Firm that has invested the resources and expertise in developing a comprehensive, IRS-approved tax solution (C-TRAC®). C-TRAC is a project management, web-based platform developed to streamline information gathering for the tax compliance function, including Forms 990, 990-T, extensions, alternative investments, benchmarking, state reporting, and much more. Highlights of the 2018 C-TRAC release include the addition of the endowment tax module, a comprehensive calculator to assist with the excise tax on excess compensation, automated linkage to Form 4720, and UBI “siloing” in the 990-T module.
BLX Group LLC

BLX Group LLC
blxgroup.com

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.
Ernst & Young LLP

Ernst & Young LLP
ey.com

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.
PwC

PwC
pwc.com

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.
RSM US LLP

RSM US LLP
rsmus.com

RSM’s professionals have extensive experience serving the tax needs of public and private colleges and universities. We demonstrate our commitment to the education sector through our active involvement in various professional organizations and influential associations. By staying attuned to the latest trends and developments, our professionals can offer timely, practical solutions to proactively meet the needs of our clients.

RSM US LLP is the leading provider of audit, tax and consulting services focused on the middle market, with more than 10,000 people in 85 offices nationwide. RSM US LLP is the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with more than 41,000 people in 116 countries.

Higher Education Taxation Institute

Overview

Event Schedule

Monday Morning, June 3, 2019

Monday Afternoon, June 3, 2019

Tuesday Morning, June 4, 2019

Conference Faculty

Planning Committee

Credit Info

MCLE Credit

Other Credit

Key Dates

Venue

AT&T Conference Center

Accommodations

Our Sponsors

KPMG LLP

Crowe LLP

BLX Group LLC

Ernst & Young LLP

PwC

RSM US LLP

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