Learn what Unrelated Business Taxable Income (UBTI) is and how it impacts tax-exempt organizations. Discover key takeaways, significant activities, excluded activities, and potential penalties.
Explore the benefits, types, and processes involved in achieving tax-exempt status. Learn how individuals and organizations can benefit from being tax-exempt and the key requirements for maintaining this status.
Discover how the Financial Accounting Standards Board (FASB) establishes accounting standards for U.S. companies, its collaborative efforts with the IASB, and its governance and mission.
Explore the true essence of philanthropy and its impact on society. From historic roots to modern-day practice, learn how anyone can become a philanthropist.