Form 990 Preparation – Core Form: Not-for-Profit Tax Compliance

Online Course Available 24/7 CPE: 2.5 Format: On-Demand
COURSE DESCRIPTION

Form 990 is the chief compliance tool used by the IRS to monitor compliance of tax-exempt, not-for-profit (NFP) entities. As a public document, it is also subject to scrutiny by regulators, media, and the general public, including potential donors. Needless to say, accurate reporting on Form 990 is critical to your success.

In this CPE course, you will learn how to prepare Form 990 as you consider real-world examples and apply that knowledge through interactive e-learning exercises. Also discussed are practice tips, common errors, and potential red flags that could lead to an IRS audit.

LEARNING OBJECTIVES
When you complete this course, you will be able to:
Identify the process to prepare the Form 990 core form
Recall the structure of the core Form 990
Determine the correct amount(s) and line item(s) for core Form 990 reporting
MAJOR TOPICS
Filing requirements and late filing penaltie
Reasonable cause abatement
Preparation tips
Program service accomplishments
Required disclosures
Reportable compensation
Statement of Revenue
Statement of Functional Expenses
Fundraising events
Reconciling to GAAP basis financial statements
Potential red flags
Common errors and potential pitfalls
COURSE DETAILS
PROFESSIONAL AREAS OF FOCUS
Tax
CPE FIELD OF STUDY
Taxes (2.5 Credits)
WHO SHOULD ATTEND
CPAs, financial professionals and NFP staff and board members looking to deepen their existing knowledge of NFP financial responsibility, and set themselves apart as a leader in this field
INSTRUCTOR(S)
Brian Yacker
PREREQUISITES
Knowledge of not-for-profit sector and basic tax compliance requirements of exempt organizations
COURSE LEVEL
Intermediate

MACPA MEMBER


$ (% off)
$79.00
Price includes $xx early registration discount(s) - expires xx/xx

NON-MEMBER


$ (% off)
$99.00
Price includes $xx early registration discount(s) - expires xx/xx
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