If you are a nonprofit organization that has employees and provides parking – in ANY form – to those employees, this Breakfast Briefing is a must attend event.
In December 2018, the IRS issued guidance related to the “Parking Tax” that was included in the Tax Cuts and Jobs Act (Tax Reform) of 2017. Before this guidance was issued, it was unclear what impact, if any, this provision would have on the majority of nonprofit organizations. As a result of the guidance, many nonprofit organizations, including religious organizations, will need to assess the taxability of providing parking to their employees. Parking includes parking lots that are available to both the public and employees, parking garages, and reserved employee parking. If you are a nonprofit organization that has employees and provides parking in any form to those employees, this Breakfast Briefing is a must attend event. We will discuss how to assess the new potential tax liability and provide guidance as to best practices moving forward.
Space for this event is extremely limited and attendance will be limited to the first 20 RSVPs. A waitlist will be created for additional attendees and a second Breakfast Briefing will be added in March, if necessary.