You Need To Pay Taxes On Program Book Ads

ContentsNon-Profits Pay Taxes On Unrelated Business IncomeNot Everything In Your Program Book Is AdvertisingPermitted RecognitionWhat About Concessions and Merchandise? Non-Profits Pay Taxes On Unrelated Business Income Just because your organization is tax exempt doesn’t mean everything you do is exempt from taxes. There are a number of activities that result in what is known as Unrelated Business Taxable Income (UBTI) which may be as much as 21%. While there are some subtle distinctions that determine what activities are taxable and which are not, program book advertising is definitely taxable. IRS publication 598, … Continue reading You Need To Pay Taxes On Program Book Ads