The theme of the week on the Rubric legal blog is unrelated business taxable income (see yesterday’s post) and the ways that it can impact a nonprofit organization.  The IRS is in on the game and has posted a few relevant issue snapshots:

The above are all just further illustrations of how complex and nuanced the unrelated business income tax can be.  Analysis of the issues around the unrelated business income tax — including whether an exception applies — is very fact specific and nonprofits are encouraged to regularly review the facts with a qualified professional.  Just because you were able to avoid tax when you started conducting the activity 5 years ago doesn’t mean you still can – things change!