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- This forum has 4 topics, 4 replies, and was last updated 5 years, 11 months ago by
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- I heard that my organization will have to pay unrelated business income tax and file an unrelated business income tax return on any transportation benefits that they give to our employees. Is this true?
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- 5 years, 11 months ago
- We received a foundation grant in the amount of 1 million dollars that covers three years of activities for one of our programs. Our auditor says that we have to record the entire amount in the current year. This doesn’t make sense. Why do we have to record the whole amount in the current year? Shouldn’t we record 1/3 of the grant in each of the three years?
- 2
- 5 years, 11 months ago
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