Have you considered the tax consequences of unrelated business income? Today, many non-profits are turning to activities outside their core missions to generate additional income. Such activities may come with tax consequences that non-profit organizations have not faced. Eide Bailly's non-profit tax professionals can work with you to minimize the tax liabilities associated with these activities.
Our professionals will help you analyze activities that may be subject to unrelated business income tax. When activities are determined to be potentially unrelated, we evaluate various planning alternatives to support treating the activity as nontaxable, including restructuring. We also develop cost allocation methods for taxable activities that can help minimize your tax liability.
We can help your organization develop a tax strategy for unrelated business income. Because we have worked with numerous non-profits on unrelated business income tax issues, we know the questions to ask and the solutions available. As a result, you can feel comfortable knowing your organization is in competent and caring hands.
