eCourses

Recent international tax developments with digital services (GST, VAT, equalisation levy, etc.) has impacted how many countries may view university reporting requirements with online programs, including how certain countries have begun proactive enforcement actions. Discuss trends with an evolving university workforce and considerations with remote workers based in foreign countries.

Includes: Video Audio Slides

Focus on the application of key principles of tax and other law applicable to charitable organizations to joint venture arrangements and similar structures often encountered by higher education institutions. Revisit the IRS’s joint venture guidance, UBTI rules, and state law in light of common commercialization transactions such as campus-affiliated incubators and accelerators, in-house venture funds, and affiliations with third-party venture funds, including first-look arrangements. Highlight how longstanding legal and tax principles apply to increasingly common university transactions.

Includes: Video Audio Paper Slides

Session 01: Inflation Reduction Act—Part 1 - A discussion on significant tax credit opportunities under the Inflation Reduction Act, including the new direct pay election that allows schools to convert credits into cash. Focus on the credits most applicable to college and university campuses, such as credits for investing in solar, wind, and geothermal energy under sections 48 and 48E. ​Session 02: Inflation Reduction Act—Part 2 - A discussion on credit opportunities for electrifying campus fleets and installing electric vehicle charging stations, and hear a campus perspective on the new credit opportunities. Gain insight into the enhanced section 179D deduction allocation opportunity for green buildings, including a campus perspective.

Includes: Video Audio Slides

Update on recent issues related to payments to foreign nationals and foreign entities, including forms, sourcing, and income tax treaty issues. Gain insight on: What questions to ask; Which forms to collect; How much tax to withhold; What to report; Which information to maintain; and What are your institution’s responsibilities.

Includes: Video Audio Slides

Session 01: Recent Developments in College and University Tax Law - Review recent tax law developments that affect the higher education community, such as Congressional legislation, IRS enforcement measures and pronouncements as well as judicial decisions. Discuss the impact on prevalent tax issues, including unrelated business taxable income, compensation and fringe benefits, charitable contributions, international activities, endowments, and reporting requirements. Session 02: Congressional and Administrative UFOs and Their Impact on the Exempt Community? - Understanding the goals of congressional policymakers may help organizations in explaining potential tax legislative or regulatory activities and changes to their communities and employees and assist with compliance and communication. This presentation provides unique access and background on congressional and administrative activities in an environment of debt and spending limits and the upcoming 2024 elections.

Includes: Video Audio Paper Slides

The employment landscape which has been forever changed by employees working remotely requires institutions to rethink their guiding principles for strategic workforce planning, raising challenging tax issues that may impact your institution's culture, operations, and resources. This presentation and panel discussion includes tax, legal and consulting professionals who will provide an analytical framework and summarize technical tax guidance on fundamental matters, such as providing supplies and equipment for the workstation, including commuting and meals, as well as exploring methods to address domestic and international remote work locations. Gain insight into the trends in higher education for remote faculty and staff and discuss development of policies, procedures and practices across diverse employee populations that may help your institution adjust to this new normal.

Includes: Video Audio Paper Slides

In today’s economic environment, higher ed institutions are often looking for ways to maximize revenue, recruit and retain faculty, and form relationships with the private sector, and sponsored research and related arrangements often are one of the options considered. Sponsored scientific research, research joint ventures and third-party access occurring in tax-exempt financed facilities may give rise to private business use depending on various factors, including how rights to use intellectual property resulting from the research are managed. Discuss these arrangements, including the difference between basic and applied research and the IRS safe harbor rules relating to sponsored research as provided in Rev Proc 2007-47, within the context of managing overall PBU limits for tax-exempt bonds.

Includes: Video Audio Slides

Colleges and Universities must navigate all types of payments to students, faculty, staff and external parties. Explore various payment types including compensation, grants, scholarships/fellowships, and “stipends” providing insight into categorizing the payment and determining appropriate tax withholding and reporting.

Includes: Video Audio Slides

Session 01: UBIT and UBTI: Communication and Techniques to Manage Risks - A discussion surrounding unrelated business income in a post-TCJA world. Hear key issues from the perspectives of both public and private universities as well as practitioners. Gain insight into best practices surrounding both computation and communication to help you get ahead of potential tax and help you manage risks. ​Session 02: Technical UBTI Session: Rent, License or Services – What is it Really for Tax Purposes? - Discuss the many issues that an institution may face when departments submit a purported lease, license, or services agreement with multiple components. Is it a related lease? Does it qualify for the Rental Exclusion? Is it a license, and what are the implications - distinguishing royalties from rents and services income? Does it involve personal property or services? And what about debt financing? Also take a look at book UBI that was brought to life by the Inflation Reduction Act.

Includes: Video Audio Slides

University officials sometimes discover that a tax position the school has taken may be incorrect. For example, a school may have treated the value of the President’s residence as excludable under section 119 when facts indicate the contrary. Gain insight on how to deal with such situations, including the pros and cons of getting a third-party tax opinion and the different comfort levels for tax opinions (reasonable basis, more likely than not, etc.). If the tax position is wrong, what are the school’s options? Do you fix it prospectively or is retroactive correction or even a voluntary disclosure required or recommended? Discuss the impact of Circular 230 (the IRS’s rules of professional conduct).

Includes: Video Audio Slides

Need ethics credit? We’ve got you covered! UT Law CLE’s First Friday Ethics streams live every first Friday of the month, and features some of our best ethics speakers and presentations for a total of 3.00 hrs ethics credit. Fulfill your entire annual ethics requirement in Texas in one day!   This month includes: (1.00 hr | 1.00 hr ethics) Ethics and Other Issues in Student-Athlete NIL Deals (REPLAY) Colleges and universities have a complicated role in the rapidly evolving world of student-athlete NIL deals. Explore some of the issues that colleges and universities need to consider, including tricky questions about how to support student-athletes’ efforts to secure NIL deals while also protecting the institution. Amy A. Rodriguez, Adler & Colvin - San Francisco, CA Julie D. Vannatta, The Ohio State University, Retired - Columbus, OH (1.00 hr | 1.00 hr ethics) Deal Ethics (REPLAY) A discussion on a number of ethical issues that come up in the practice of mergers and acquisitions, including whether the same firm can represent two bidders for the same target, other conflicts of interest, the no-contact rule, managing the lawyer’s duty for truthfulness and protecting the client’s privilege. David I. Albin, Finn Dixon & Herling LLP - Stamford, CT Nathaniel L. Doliner, Carlton Fields - Tampa, FL   (1.00 hr | 1.00 hr ethics)  Mum’s the Word: Maintaining Client Confidentiality while Working from Anywhere and Everywhere (REPLAY) Working remotely and virtual meetings are here to stay. This presentation provides practical suggestions for structuring engagement letters, addressing conflicts of interest, and safeguarding client communications across all mediums. Jeff Chadwick, Winstead PC - The Woodlands, TX

Includes: Video Audio Paper Slides

Exempt organizations are increasingly focused on generating additional revenue, capitalizing on tangible and intangible assets, and partnering with for-profit entities. This session will cover trends in the area, instances of how the UBIT rules apply, and examples of how including tax in early stage project/revenue planning can add value, improve post-tax returns, and avoid unpleasant surprises.

Includes: Video Audio Slides

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 ethical issues that can arise while managing IRS exams and other encounters with the IRS.

Includes: Video Audio Slides

Session 1: Private Foundations: Compliance and Operational Framework for Maintaining Tax Exempt Status - A discussion of what it takes to be tax exempt and to stay that way. Session 2: Grantmaking Basics for Private Foundations - An overview of the legal rules for private foundations, and how they tie into the grant development and diligence process, with an interactive discussion of some real-life grantmaking challenges and how to approach them. Session 3: IRS Audits for Private Foundations - Audit preparedness should be at the center of any good compliance regime for a private foundation, whether you’re audited this year or in 2030. Review the basics of an IRS audit and gain practical advice on preparing for, understanding, managing, and ultimately surviving the audit process.

Includes: Video Audio Paper Slides

Session 1: Public Charities: Compliance and Operational Framework for Maintaining Tax Exempt Status - A discussion of what it takes to be tax exempt and to stay that way. Session 2: Charitable Solicitation Regulation for Public Charities - An overview of the regulatory framework governing charitable fundraising, including the types of activities that are regulated, state registration and reporting requirements, fundraising contracts, and solicitation disclosures. Examine how charitable solicitation activities on the internet are being regulated. Session 3: IRS Audits for Public Charities - Audit preparedness should be at the center of any good compliance regime for a Section 501(c)(3) public charity, whether you’re audited this year or in 2030. Review the basics of an IRS audit and gain practical advice on preparing for, understanding, managing, and ultimately surviving the audit process.

Includes: Video Audio Paper Slides

Session 1: 23 & Me: The Downside of Sharing Your DNA - With the proliferation of Ancestory.com and 23 & Me, people are more curious than ever before about their biological family members, both living and deceased. For people of significant wealth, this can cause problems if someone “out of the blue” claims a right to wealth or inheritance. Using lessons learned from an actual case, this presentation provides tips and best practices for drafting a will and trust to avoid problems, outlines what happens if someone, particularly a high-net-worth individual, dies with or without a trust or will, and describes the expense, both monetarily and relationally, involved in fighting this type of claim. Session 2: Managing Your Workforce in an Age of Mobility, Flexibility and Generational Shifts - Explore the legal, compliance, and employee relations challenges nonprofits are facing as employees become increasingly dispersed both in terms of geography and expectations, including challenges associated with the rise of remote work, the availability of viable alternatives to traditional employment, and the seemingly growing call for a new understanding of the role of work in life. Session 3: Top Things to Consider When Terminating a Trust - Terminating trusts can, and should, be done for a number of reasons in a variety of different circumstances. This presentation is going to help you identify those situations, guide you through important considerations when doing so, and provide you with some of the tools you may need. Session 4:  Patent License Issues from the In-House Perspective - Key considerations in several common patent transaction models. The RPX patent aggregation and licensing model. Patent issues in IP agreements include indemnity clauses, limits of liability, IP ownership issues, and forum selection clauses. Session 5: Setting Boundaries with Clients and Colleagues - Using mindset mastery practices to improve attorney wellness by setting boundaries in your work.

Includes: Video Audio Paper Slides

Explore the legal, compliance, and employee relations challenges as employees become increasingly dispersed both in terms of geography and expectations, including challenges associated with the rise of remote work, the availability of viable alternatives to traditional employment, and the seemingly growing call for a new understanding of the role of work in life.

Includes: Video Audio Paper Slides

Session 1: Organizational Effectiveness for Public Charities: PART 1 - Define organizational effectiveness and discuss best practices for public charities to achieve it, including strategic planning, governance, sustainable revenue, and important relationships. As public charities face economic headwinds, organizations can focus on these key areas to maximize sustainability. ​Session 2: Organizational Effectiveness for Public Charities: PART 2

Includes: Video Audio Slides

Social media plays an important role in the nonprofit sector to advance mission and development efforts. Yet social media platforms pose a number of traps for the unwary. Explore operational and tax related issues relating to the use of social media, including with respect to political campaign activities, lobbying, and human resources.

Includes: Video Audio Paper Slides

What is “web presence” and why does it matter more than ever? Learn about what web presence is and isn’t, how nonprofits are using web presence to advance their missions today, and how to assess your organization’s risks in this fast-evolving area.

Includes: Audio Slides