eCourses are individual online courses from renowned presenters at our live conferences. Learn via audio or video, receive the supporting materials, and fulfill MCLE requirements at your convenience with the best content available!
These courses are CLE accredited in Texas and California, with some accredited in Oklahoma.
If you need credit for an eCourse in other states please read through the disclaimerbefore purchasing an eCourse to make sure you will be able to self-report your MCLE credit after completion of the eCourse
Session 1: 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.
Session 2: Tax-Exempt Bond Compliance Strategies - Learn about 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. more »
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. more »
Recent tax law changes have impacted the area of nonresident alien tax compliance. Ensure that your institution is up to speed on any new requirements. In addition, 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. more »
Session 1: 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.
Session 2: 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. more »
An easy to understand overview of cryptocurrencies, tokens, blockchain and other applications of distributed ledger technology. Learn about exciting recent developments in the use of this technology and innovations in how funds are raised, including recent trends in ICOs, SAFTs and token pre-sales. Also hear about the securities, tax and consumer protection issues raised by these innovations. more »
Session 1: 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.
Session 2: 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.
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. more »
Session 1: 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.
Session 2: 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. A demonstration of workpapers used in preparation of the return, including summary documents used to prepare your CFO for the 990-T. more »
The U.S. Supreme Court reversed Quill’s “bright-line” physical presence requirement, substituting instead a case-by-case analysis that focuses less on the remote sellers’ circumstances and more on how the States’ laws and compliance processes may unduly burden remote sellers in general. Learn the anticipated consequences of the Wayfair decision, what to expect from the states, and the pending federal legislation, which, if enacted would provide a set of uniform, nationwide standards to govern reporting by remote sellers. We’ll also review an analytical framework for evaluating remote sellers’ potential compliance obligations in the states where the sell. Then, we’ll discuss scalability of existing IT Systems, required processes for reporting and certificate maintenance, voluntary disclosure, retroactivity issues and financial reporting and disclosure concerns. more »
Session 1: Property Tax Exemption: Challenging Times for Your University – Cash-strapped local governments and frustrated taxpayers are looking to universities that enjoy broad exemptions from property tax as an untapped source for tax revenues, payments in lieu of taxes (PILOTs), and voluntary contributions. At least one result is increased attention—and the concomitant challenges—to the property tax exemption enjoyed by your university or college. Explore these issues from the perspectives of a public and private university, with particular focus on the recent experiences of The University of Texas System and Princeton University.
Session 1: Challenging Charitable Contributions – Listen to a lively panel discussion on the issues, pitfalls, and nuances involved with a variety of unusual charitable contributions. Explore gift receipting, fundraising events, donor “strings,” gift acceptance policies, self-dealing donations and tips, pointers, and war stories involving unconventional gifts. more »
Session 1: Worker Classifications - The misclassification of workers continues to be an area of IRS scrutiny. Review current IRS classification factors, tax and non-tax related consequences of misclassification of workers as well as best practices for ensuring compliance.
Session 2: Taxation of Common Higher Education Fringe Benefits - A discussion of commonly missed and misinterpreted fringe benefits provided by colleges and universities, including current IRS positions and issues raised during payroll audits.
Session 3: Dealing with Multi-State Compliance Issues and Employment Taxes - Discussion of the often overlooked compliance requirements and consequences of having a presence outside of your home state. more »
Session 1: Financial and Regulatory Constraints on Commercial Development - Hear from a private sector non-bank construction lender and investor on public-private development transactions (ground leases), about the construction of new multi-family homes, offices, hotels, and how the structure may impact underwriting and loan proceeds.
Session 2: ABCs of Development Financing - Review the vocabulary and tools used by large and small cities when negotiating today’s public-private partnerships, as well as tools used for projects inside and outside city limits.
Session 3: Tax Credits - For the past 30 years, the low-income housing tax credit has been a driving force to finance affordable housing. Learn how tax credit financing works and gain insight as to how changes in Washington, D.C. may impact the program. more »
Session 1: Texas Nonprofit Law 101 - Hear an overview of the essential characteristics of Texas nonprofit organizations, legal requirements, benefits and restrictions of tax exemption, guiding governance principles and state regulation.
Session 2: Governance Literacy - Governance at nonprofit organizations is often not a priority until something goes wrong. Gain practical tips to help board and staff members avoid problems, and review governance topics including fiduciary duties, governing documents, policies, procedures, and the roles of the board, officers, committees, and staff members.
Session 3: UBIT Literacy: You’re doing WHAT?? - Hear the basics of Unrelated Business Income, including the definition, exceptions, and issues relating to advertising and sponsorship. Examine how much is too much UBI, plus key traps for the unwary.
Session 4: Investment Literacy - Developing and maintaining a successful investment program that supports the mission and withstands challenging market environments requires the right mix of governance and portfolio management discipline. Review the fiduciary underpinnings, board considerations and policies, and key investment concepts that contribute to an effective investment strategy.
Session 5: Financial Statements Literacy - Understanding financial statements is the key to understanding the financial health of your organization. Review the basic financial statements (statement of net assets, statement of changes in net assets, and statement of cash flows) and common disclosures. A look at NFP-specific accounting, including donor restrictions, net assets classes, functional expenses, and new guidance.
Session 6: Form 990: The Naughty and The Nice - What can be the good and bad consequences for your organization of having its Form 990 publicly available and making audited financials available to funders who request them? Walk through the documents and hear from multiple perspectives on the key things that either worry or reassure them. What are “hot buttons” in Form 990 and audited financials that are likely to attract negative attention? What are signs of sound governance and compliance? What can a nonprofit do to present the best picture of itself?
Session 7: GC/CFO Roundtable: Risk Management Tools to Prepare for the Unexpected - A discussion on the common risk areas for nonprofits and how to mitigate these risks, including ideas to help nonprofits manage unexpected risks, such as natural disasters and embezzlement.
Session 8: Anatomy of an Attorney General Investigation - Explore the various aspects of an investigation of a charitable organization by the Texas Attorney General’s Office. Learn how and why an investigation may be initiated, what to anticipate as part of the investigative process, the potential consequences of an investigation, and best practices for dealing with an investigation.
Session 9: Funding Advocacy: A Roadmap for Private Foundations - Take that “no lobbying” language out of your private foundation grant agreements! Or at least some of them. Explore various ways in which 501(c)(3) private foundations may make grants that support lobbying and other types of advocacy.
Session 10: Keeping an Eye on Privacy and Data Protection Risks - Gain practical tips for reducing the data privacy and protection risks faced by nonprofits. more »
Session 1: Endowments and Other Restricted Gifts—Making Them and Breaking Them- Hear an analysis of important drafting and negotiating issues in agreements to govern endowment funds and other types of restricted gifts, the various ways to modify restricted gifts after they are made, and the role of gift acceptance policies and a board-level approval process.
Session 2: Financial Reporting for Endowments and Donor-Restricted Funds - Endowments and other donor-restricted funds are subject to financial reporting standards aimed at enhancing understanding of the nature of donor restrictions as well as management’s application of the Uniform Prudent Management of Institutional Funds Act (UPMIFA) in managing endowment funds. Hear an overview of the related accounting terminology and financial statement presentation and disclosure requirements. more »
Session 1: Keeping an Eye on Privacy and Data Protection Risks - Gain practical tips for reducing the data privacy and protection risks faced by nonprofits.
Session 2: Taking Cybersecurity Seriously - Nonprofit organizations of all sizes have sensitive information that needs to be protected—and increasingly, organizations need to be ready to respond when (not if) a data breach occurs. In this session, attendees learn about the most recent cyber threats they face, the costs associated with those threats, and what they can do to help protect their organizations in an increasingly insecure landscape. more »
Session 1: Donor Advised Funds, Supporting Organizations, and Fiscal Sponsors - Increasingly, private foundations, corporations, and individuals are working through DAF’s, fiscal sponsors and other intermediaries to increase efficiency, enhance effectiveness, and reduce risk. Explore the various options, how to properly structure them, the compliance advantages of doing so, and common situations where working through intermediaries is common, including international grantmaking, grants to individuals, funder collaboratives, and PRI’s.
Session 2: Investing in the Future: Impact Investing by Nonprofit Organizations - Explore what it means to be an impact investor, including the current state of impact investing by nonprofit organizations. Hear a discussion on the relationship between mission-related and program-related investments, the prudent investor rules applicable to nonprofit organizations under UPMIFA and to charitable trusts under applicable trust law, as well as the extent to which officers and directors may consider the relationship between an investment and a tax-exempt purpose when making investment decisions. more »