-
February 12, 2020
Did your orchestra pay taxes on transportation benefits? Refunds now available!
The 21% Unrelated Business Income Tax (UBIT) on parking and commuting benefits that was created by comprehensive tax reform signed into law in December 2017 has now been retroactively repealed.
-
February 12, 2020
Reminder! IRA Rollover is a key giving incentive
Many orchestras have received significant new contributions since the IRA Charitable Rollover provision was made permanent in 2015, allowing individuals age 70-1/2 and older to make direct, tax-free transfers of up to $100,000 per year (up to $200,000 for married couples) from their Individual Retirement Accounts (IRA) to qualified charities.
-
January 23, 2020
UBIT Rules and New Requirements
Thanks to advocacy by the League and our member orchestras, in partnership with the broader nonprofit sector, the FY20 spending and tax package signed into law on December 20, 2019 retroactively repealed the UBIT on parking and commuting benefits. This means that orchestras that have paid the tax are eligible for a refund.
-
December 6, 2012
Nonprofit Listening Post
As vital participants in the U.S. nonprofit community, orchestras contribute to the substantial public value produced by the nation’s charitable sector, and are likewise impacted by the policies and environment for nonprofits nationwide. The League and 75 member orchestras are participants in the Nonprofit Listening Post Project, an initiative of the Johns Hopkins Center for Civil Society Studies.
-
July 16, 2012
Tax and 501(c)3 Policy action - Archive
-
June 21, 2012
Artists from Abroad: Overview of Visa and Tax Essentials Webinar
The webinar walks you through the new features of the site while Jonathan and Robyn share their top tips for approaching the visa and tax procedures. For anyone who is unfamiliar with the newly revised site or how to engage foreign guest artists, this webinar is a great introduction.