Join us for our Non-Profit Education Series, sponsored by Cardinal Bank.
The topic of the session will be UBIT issues. Jeff Schragg and Laura Kalick--both from BDO--will lead the presentation.
About Laura Kalick
Laura Kalick, JD, LLM in Taxation
National Nonprofit Tax Consulting Director
Experience Summary
Laura Kalick has over 35 years of experience in both private and government practice, including the Internal Revenue Service (IRS) National Office, the United States Senate, large accounting firms, and practicing law. Laura has advised a diverse group of complex exempt organizations including hospitals and healthcare organizations, colleges and universities, charities, foundations, trade associations, and social welfare organizations.
Laura’s expertise covers private inurement and benefit, intermediate sanctions, unrelated business income and allocation of expenses, taxable subsidiaries, private use of tax-exempt bonds, charitable contributions, joint ventures, royalty, affinity and sponsorship agreements, debt-financed income, lobbying and political activity, and compensation arrangements. Laura also works with nonprofit clients on applications for exemption,
ASC 740-10(FIN 48) documentation, IRS audits, and Form 990.
About Jeff Schragg
Jeff Schragg, J.D., CPA
Tax Partner
Nonprofit Industry Team Leader
Experience Summary
Jeff Schragg counsels clients on highly complex tax and business matters for over 28 years. He provides clients a broad and deep knowledge of all areas of state, federal and international taxation. Jeff has coordinated services for individual, nonprofit and business clients, including tax-exempt organizations, real estate partnerships, publishing companies and government contractors. He has coordinated several voluntary compliance projects for tax-exempt organizations with regard to sales tax, unrelated business income and other unreported taxes.
He brings a results-driven approach to closely held businesses and high net-worth individuals. Jeff advises clients in all phases of growth from inception to funding growth to exit strategies via sale or going public. He has extensive mergers and acquisitions experience. Jeff brings sophisticated tax planning and advice to Fortune 500 companies, S corporations, trade associations and charities.
Jeff is a frequent speaker on technical tax issues. He is a repeat speaker at the AICPA annual not-for-profit conference. Jeff developed and led the “Finance for Board Members” for the Greater DC Cares Board Leadership Program. He has also served as an instructor for the DC Bar CLE teaching “Basics of Forming a Business Entity.” Recently, Jeff was recognized as a 2008 and 2011 SmartCPA by SmartCEO magazine.
Prior to joining BDO USA, LLP (BDO), Jeff served as a partner with Argy, Wiltse & Robinson, P.C. (Argy) and Arthur Andersen LLP (Andersen).
About BDO
BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through 49 offices and more than 400 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multinational clients through a global network of 1,204 offices in 138 countries.
BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information, please visit www.bdo.com.
Event Description:Join us for our Non-Profit Education Series, sponsored by Cardinal Bank.