Payroll and Tax Services

Unrelated Business Income Tax

UBI Reporting Process

• Overview  
• UBIT Work Paper Template  
• Instructions for USF Departments  
• UBI Departmental Checklist  

Sponsorship & Advertising

• Sponsorship Revenue  
• Suggested Sponsorship Language  
• Sponsor Benefit Allocation  
• Advertising Revenue  

Rental & Royalty Activity

• Rental Income  
• Royalty/License/Passive  
• Broadcasting Tower Leases  
• Athletic/Rec Facilities  

Management Agreements

• Agency Relationship  
• Bookstore Operations  

Campus Events

• Entertainment Events  
• Parking & Catering Services  
• Training Seminars  

Other Activities

• Non-Cash Payments or Trade  
• Travel Tours  
• Research  
• Volunteers & Sale of Donations  

Deductions & Exclusions

• Expenses Allocable to UBI  
• Convenience Exclusion  
• Exploitation - Exempt Activity