Private Business Use Compliance in Higher Education 2014 is a webinar that covers topics such as:
- Generating Campus Buy-In for PBU
- Pro-active PBU communication
- Campus-wide training
- Overview of Private Business Use Considerations
- Types of PBU (transfer of ownership, leasing and rental, management or service contracts, research, unrelated trade or business)
- What the IRS is looking for (management and service contracts, research agreements)
- Differentiating considerations in PBU Compliance for both 501(c)(3) and public institutions
- Next Steps and Key Implementation Considerations
- Communication and Interpretation of PBU Documents
- Interpreting responses
- Sample questionnaires/surveys
- Safe harbor exceptions (research agreements, management contracts, 50-day exclusions, unrelated business income issues, qualified building improvement exception)
- Centralizing Communication Documents
- Advantages/Risks of a centralized database
- Key steps toward a centralized electronic database
- Private Business Use Calculation Overview
- Relative time and relevant revenue
- Square footage measurements
- Fair market value
- Remedial Action for Tax-Exempt Bond Financed Facilities
- Best practice examples in PBU remediation
- Key requirements for remedial action
- PBU Calculation Case Studies
- Walk-through of building calculation that speaks to private business uses
- Discussion of poorly constructed contracts (red flags in management/research contracts, for example)
Private Business Use Compliance in Higher Education 2014 brings together:
- Higher education administrator
- Participants from other 501(c)(3) organizations
