It’s great that my organization doesn’t have to pay UBI tax on activities conducted by volunteers.

While you have been learning about UBI, I have been doing a little research of my own. Did you know that when calculating the amount of UBI tax owed at the end of the fiscal year, organizations can factor in many other exclusions and deductions, much like with personal income tax returns?

Knowing all of these can save 501(c)(3)s some valuable dollars in taxes.

Click “Next” to find out more.

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