June 21, 2018 – Thanks to your great advocacy, the nonprofit sector has had a great – and cost-saving – victory! The bills to fix the unintended consequences of an additional 9% unrelated business income tax (UBIT) on commuter benefits passed this week.
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Become an NPCC trainer! Deadline to apply is July 20
NPCC is proud to offer professional development and learning opportunities to members and nonmembers alike as part of our mission to help New York nonprofits thrive to build better communities for all. As we continue to develop and improve our programs, our aim remains to provide our members with the tools, information, and resources to be excellent.
TAKE ACTION to fix the Commuter Benefits Tax – Contact Your State Legislators to Pass Bill S.88831/A.11051!
June 11, 2018 – A recent memo from NPCC and some members of a larger coalition calls for legislation to pass bill S.88831. We need your help in making this happen. We need to pass this legislation in this session – so time is of the essence! Use the coalition's call script and sample letter to contact your state legislators today.
2018 Needs Assessment Survey
NPCC launched our 2018 Needs Assessment Survey to help us understand the current needs of New York City area nonprofits. This survey informs NPCC’s priorities in the work we do for your organization, and for the nonprofit sector. Let us know what matters to you!
Our Take on Decoupling Federal and State Law on Commuter Benefits – We Still Need Your Help!
June 6, 2018 - NPCC is part of a coalition that is advocating with New York State to reform our state tax law and reduce the cost to nonprofits by decoupling the federal and state law, therefore keeping New York from charging the 9% tax on these benefits.
TAKE ACTION to Reduce Taxes on Commuter Benefits!
May 29, 2018 - As a result of the new federal tax law, nonprofit employers must now pay Unrelated Business Income Tax (UBIT) on commuter benefits, including Buffalo NFTA Metro Pass, NYC Metrocard, Rochester RTS Pass, or employee parking. New York law imposes a state UBIT whenever federal law does.
Fact Sheet on the Commuter Benefits Tax
May 11, 2018 – In case you missed it, the Lawyers Alliance For New York published a fact sheet about the commuter benefits tax we shared in an NPCC email about the tax, and how NPCC and the Lawyers Alliance for New York, as a part of a larger coalition, are advocating with New York State tax to reform our state tax law to reduce the cost to nonprofits.
NPCC Demands Delay of New Taxes on Tax-Exempt Organizations
May 1, 2018 – Read here for NPCC’s letter to Treasury and IRS demanding an immediate delay implementing the two new UBIT subsections (taxes on fringe benefits and taxes on separate “trade or business”) of the new federal tax law, retroactive to January 1, 2018, until one year after Final Rules are promulgated to provide both the necessary official guidance for compliance and a reasonable transition period for nonprofits to develop the necessary record-keeping systems.
Commuter Benefits Taxed
April 19, 2018 - As NPCC told you in our March e-newsletter, as a result of the new federal tax law, nonprofit employers must now pay Unrelated Business Tax Income (UBIT) on some fringe benefits, including on Metrocards and other “qualified transportation fringe benefits” (also known as commuter benefits). This will increase a nonprofit organization’s expenses.
2018 Annual Meeting Of Members & Panel Discussion
NPCC held our Annual Meeting of Members on March 27, 2018 at the CUNY Graduate Center, Proshansky Auditorium with 180 members, sponsors, and honored guests attending.
BUSINESS AGENDA
Ian Benjamin, in his fourth address as NPCC’s Board Chair, opened the meeting by welcoming attendees and thanking event sponsors.