CPA REG, Enrolled Agent: Exempt Organizations
Requirements
- Basic knowledge of taxation is recommended but not required.
Description
Are you studying U.S. taxation and want to understand how tax-exempt organizations work? This course is made for people with a background in taxation who want to learn how certain organizations can avoid paying federal income tax under U.S. law.
In this course, you will learn about exempt organizations—what they are, how they qualify under Section 501 of the Internal Revenue Code (IRC), and what they must do to keep their tax-exempt status. We will also explain the forms they need to file and how they can still be taxed if they earn income from business activities not related to their main purpose. This is known as Unrelated Business Taxable Income (UBTI).
You will learn about:
What qualifies as a tax-exempt organization under IRC Section 501.
How to apply for tax-exempt status and keep it.
Which IRS forms (like Form 990) must be filed every year.
What happens when an exempt organization earns unrelated income.
The IRS rules and structure for staying compliant.
The course videos include:
Overview of exempt organizations and key tax rules.
Section 501(c)(3) – How these organizations work.
How to qualify, apply, and stay tax-exempt.
Filing requirements and important deadlines.
UBTI – What it is and when it applies.
This course is perfect for tax students, CPA candidates, or professionals who want to understand exempt organizations from a U.S. tax law point of view. No accounting knowledge is needed—just a basic understanding of taxation.
Who this course is for:
- This course is for taxation professionals, finance students, and anyone with taxation background looking to enhance their skills.
Instructor
- 4.7 Instructor Rating
- 436 Reviews
- 4,568 Students
- 34 Courses
Kamal Chhabra is a U.S. Certified Public Accountant (CPA), an Indian Chartered Accountant (CA), and a graduate of the University of Delhi, India. He is a seasoned techno-commercial professional with over 20 years of experience in both the Indian and international landscapes, including significant roles in the Big 4 firms. His greatest asset is his in-depth knowledge of his field, gained through invaluable global opportunities.
Kamal is the Founder and CEO of KC GlobEd, an EdTech company. He is the author of nine professional books and an enthusiastic lead instructor for courses such as U.S. Enrolled Agent (U.S. Taxation), U.S. Certified Public Accountant, and Certified Management Accountant. His venture aims to make expert knowledge accessible to students worldwide in a seamless manner.
Before founding KC GlobEd, Kamal held key leadership roles in the Assurance, Business Advisory, and Tax Practices of the Big 4 firms. He contributed significantly to the development and implementation of the Future State of Tax Guide and Audit Methodology, incorporating tech-driven solutions such as data analytics, automation tools, robotic process solutions, and artificial intelligence. His extensive experience and insights are thoroughly documented in his books.
Kamal’s dedication to his work is evident in his comprehensive books and lecture series, which illuminate fascinating and informative topics. These resources are the culmination of years of effort to create the ultimate exam preparation guides for aspiring professionals.
We are confident that his books and lectures will provide you with invaluable knowledge, practical tips, and the strategies needed to excel in your exams and build a successful career.