Who Should Attend

Tax managers General counsel Budget directors Chief financial officers Assistant controllers

Timely tax issues for colleges and universities are the focus of NACUBO’s annual Tax Forum. IRS officials, campus tax professionals and other higher education tax experts address tax topics to help keep you current on IRS rules, as well as provide you with practical advice and tips for managing the tax administration and compliance of your institution.

Program Highlights

Briefings from IRS officials on up-to the minute developments affecting higher education, including:

• new leadership and current regulatory projects in the exempt organizations division
• a brief report on projects and enforcement activities in the bonds area 
• insight into nonresident alien audits of colleges and universities, which began last year.

Our annual "round up" of university tax issues--a look at recent happenings that college and university tax managers need to know about, including:

• current perspectives on the controversial student FICA regulations proposed by IRS this year
• recent Congressional interest in increasing IRS scrutiny of 501(c)(3)organizations
• legislation impacting donations of intellectual property. 

Many institutions still grapple with streamlining their approach to corporate sponsorships, although final regulations were published a few years ago. A panel presentation maps out four steps for managing corporate sponsorship agreements. This practical session provides a framework for applying IRS unrelated business income tax rules to sponsorship arrangements on campus.

For the first time, the program includes a session addressing tax issues that institutions face when doing business or having employees in other jurisdictions. A panel of experts helps you identify key facts and shares approaches for addressing tax problems that may arise when your institution conducts business out of state or outside the U.S.

Other topics include:

• key retirement and deferred compensation plan voluntary rules and voluntary compliance plans
• managing intermediate sanctions
• compliance with charitable giving rules. 

An interactive networking session enables participants to address current challenges and to benefit from the knowledge and experience of others.

Prerequisites

No prerequisites and/or advanced preparation required

Course Level

Mid- to advanced level

Estimated CPE Credits

Participants will be awarded a certificate for 13 CPE credits: 13 in Taxation.

Fees

	NACUBO Member Fee	Non-member Fee
Early Bird Rate	$599	$749
Standard Rate (after 9/23/04)	$649	$799

To assure timely processing, mail-in registration is available only until the early bird deadline. Please postmark form by Sept 23. Online registration remains open until program reaches capacity.

NACUBO professional development programs are often sell-outs. Please secure air and hotel reservations only after confirmation of registration.

For More Information

For additional information, please call 800.462.4916 or contact us at pd@nacubo.org .

Thurday, October 21 7:30 am Registration and Continental Breakfast 8:30 am Welcome Remarks NACUBO Tax Council Chair Kelly D. Farmer, University of Minnesota-Twin Cities 8:45 am IRS Exempt Organizations Division: An Interview with the New Director Martha Sullivan, Internal Revenue Service 9:45 am University Tax Issue Roundup Joseph R. Irvine, The Ohio State University Edward J. Jennings, University of Michigan 10:45 am Refreshment Break 11:00 am Bonds Update From the IRS Clifford J. Gannett, Internal Revenue Service 12:00 pm Lunch 1:15 pm Managing Intermediate Sanctions: It’s Not Just for Private Institutions Ed Jennings, University of Michigan Barbara Warren, Johns Hopkins University 2:15 pm Beyond Your Borders: Doing Business Outside Your State or Country Kelly D. Farmer, University of Minnesota Kathy L. Schulz, New York University Anne Shapiro, Cornell University 3:15 pm Refreshment Break 3:30 pm Four Steps for Managing Corporate Sponsorship Agreements Edwin C. Schonfeld, PricewaterhouseCoopers, LLP Richard Klee, University of Notre Dame 5:00 pm Reception Friday, October 22 7:30 am Continental Breakfast 8:30 AM Regulatory Briefing on Nonresident Alien Tax Issues Lowell G. Hancock, Internal Revenue Service 10:00 am Checkout/Refreshment Break 10:30 am Keeping Retirement Savings and Deferred Compensation Plans Healthy Tom Reeder, Internal Revenue Service 11:30 am Networking Session and Wrap-up Kelly D. Farmer, University of Minnesota-Twin Cities, moderator Forum faculty 12:00 pm Forum Ends

Sheraton Chicago Hotel and Towers
301 East North Water Street
Chicago, IL

For reservations: call 800.937.8461 or 312.464.1000

NACUBO Room Rate: $ 189 (single and double), effective until Sept. 23, subject to availability

The Sheraton Chicago Hotel and Towers is one of the city’s premier riverfront hotels, just off Michigan Avenue, and within a short walk of Navy Pier, museums, shopping, and entertainment. The hotel offers spectacular views of either the Chicago River, Lake Michigan or the city skyline.

Visit the Sheraton Chicago Hotel and Towers Web site for hotel details, including restaurants, amenities, and nearby attractions.

Please click here to review important registration policies.

Please Note: NACUBO professional development programs are often sell-outs. Please secure air and hotel reservations only after confirmation of registration.

Certificates and CPEs

At the conclusion of the program, participants will be issued a certificate of completion that indicates the number of CPE credits received. CPE CERTIFICATES WILL NOT BE AVAILABLE BEFORE THE FINAL SESSION IS COMPLETED.

NACUBO programs are registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417.

Dress

Casual business attire is appropriate.

Smoking

Smoking is not permitted at any meeting session or program event.

Additional Information

For additional information, please contact the following NACUBO staff members:

Connie R. Adamson, Associate Director, Workshops
Professional Development and Communications
connie.adamson@nacubo.org
202.861.2584

Mary Bachinger, Director, Tax Policy
Advocacy and Issue Analysis
mary.bachinger@nacubo.org
202.861.2581

Susan H. Brooks
Associate Vice Chancellor for Finance
University of North Carolina at Charlotte

Kelly D. Farmer
University Tax Director
University of Minnesota

Clifford J. Gannett
Internal Revenue Service

Lowell G. Hancock
Tax Specialist
Internal Revenue Service

Joseph R. Irvine
Tax Counsel
The Ohio State University

Edward J. Jennings
Corporate Tax Manager, Tax Resources & Reporting
University of Michigan

Richard F. Klee
Tax Director
University of Notre Dame

Tom Reeder
Associate Benefits Tax Counsel, Office of Tax Policy
U.S. Department of the Treasury

Edwin C. Schonfeld
Tax Partner
PricewaterhouseCoopers L.L.P.

Kathy Schulz
Senior Vice President & General Counsel
New York University

Anne Shapiro
Associate Controller
Cornell University

Martha Sullivan
Director, Exempt Organizations
Internal Revenue Service

Barbara Warren
Director, Tax & Payroll
Johns Hopkins University