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Upcoming professional development class offered by the NPML Program at UMSL: “Grants Research: An Introduction to Data Resources and Grant Prospect Research”

December 11, 2018

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Grants Research: An Introduction to Data Resources and Grant Prospect Research

Thursday, Jan. 24, 2019 from 1- 4 p.m. in # 202 J.C. Penney Conference Center (on the UMSL north campus)

Successful grant research includes a review of various kinds of data like giving statistics, reports, and databases. But learning to identify, evaluate, and select data resources used in grants research can be a challenge. This course will provide participants with (a) an introduction to the process of information evaluation, (b) data resources commonly available in grant development, and (c) how to use the “Foundation Database Online Professional” database to identify and evaluate funding prospects.

Brad Smith is the Nonprofit Information Resource Manager for the St. Charles City-County Library District. In that capacity, he oversees the delivery of the Library District’s specialty services to the nonprofit community. As a representative of the Library District, he regularly provides consultation services

IRS issues guidance for determining nondeductible amount of parking fringe expenses and unrelated business taxable income; provides penalty relief to tax-exempt organizations

December 11, 2018

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WASHINGTON – The Internal Revenue Service today issuedinterim guidance regarding the treatment of qualified transportation fringe benefit expenses paid or incurred after Dec. 31, 2017.

The new rules assist taxpayers in determining the amount of parking expenses that are no longer tax deductible. They also help tax-exempt organizations determine how these nondeductible parking expenses create or increase unrelated business taxable income (UBTI).

The IRS acknowledges that this guidance falls late in the year and taxpayers that own or lease parking facilities may have already adopted reasonable methods in 2018 to determine the amount of their nondeductible parking expenses. Taxpayers may rely on the guidance or, until further guidance is issued, use any reasonable method for determining nondeductible parking expenses related to employer-provided parking. 

A key part of this guidance is a special rule, enabling many employers to retroactively reduce the amount of their nondeductible parking expenses. Under

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