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Expert Analysis

What Is And Isn't Clear About Unrelated Business Income Tax

By Michele McKinnon, Bradley Ridlehoover and William Gray (December 17, 2018, 6:04 PM EST) -- Charities and other exempt organizations face higher taxes, more complex returns and tough investment decisions under new unrelated business income tax rules effective for 2018. Despite recent guidance from the Internal Revenue Service, several key aspects of the rules remain unclear as tax return filing deadlines rapidly approach....

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