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

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

The IRS Form 990 is made up of the core form and sixteen schedules that, taken together, are used by the IRS to monitor compliance with federal income tax law applicable to tax-exempt, not-for-profit organizations. Some of the most heavily scrutinized sections of the Form 990 include the information in the required schedules; for example, the composition of the entity’s board of directors, its compensation practices, transactions with insiders, and disclosure of organizational policies and governance practices.

In this CPE course, you will take a closer look at the required schedules of the IRS Form 990. You will consider real-world examples and apply what you learned through interactive e-learning exercises. Also discussed are potential red flags to avoid.

LEARNING OBJECTIVES
When you complete this course, you will be able to:
Identify the process to prepare the most common Form 990 schedules
Analyze a scenario to determine the correct amount, line item, and schedule for Form 990 reporting
Recognize the reporting considerations for the most common Form 990 schedules
MAJOR TOPICS
Walkthrough of Form 990 schedules
Reporting thresholds
Public support test
Lobbying and political activities
Foreign activities
Special events
Gaming
Insider compensation
Non-cash contributions
Domestic grantmaking
Related parties
Reconciling Form 990 to GAAP basis financial statements
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
REGISTER FOR THIS COURSE
Loading