On-Demand


8.5 CPE

Not-for-Profit - Tax Compliance (On-Demand) 2024

Elevating your not-for-profit expertise

On-Demand
8.5 CPE

Learning Objectives

  • Identify the process to prepare the most common Form 990 schedules.
  • Analyze scenarios to determine the appropriate schedule, part, and line, and necessary calculations, for complete and accurate Form 990 reporting.
  • Determine the essential reporting considerations for the most common Form 990 schedules.
  • Identify the process to prepare the Form 990 core form and accompanying schedules.
  • Determine the effect of a particular transaction or significant event for Form 990 reporting.
  • Distinguish between organizational and operational requirements to maintain federal tax-exempt status.
  • Determine when an organization could be subject to unrelated business income taxes (UBIT) and differentiate between the more common exceptions and exclusions that apply.

Major Topics

  • IRS filing requirements and reporting thresholds
  • Establishing and protecting tax exemption
  • Excess benefit transactions
  • Unrelated business income (UBIT), exceptions and exclusions
  • IRS audit activity
  • Public support test
  • Common red flags

CPE Credits Available

8.5 CPE
8.5
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Tax
  • Accounting & Auditing

Prerequisites

Experience working in or with the not-for profit industry.

Advanced Preparation

None.

Intended Audience

  • NFP tax preparers
  • User of NFP tax returns

Provider

AICPA - Durham

Purchase This Course

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  • COCPA Non-Member

    $ 375 375
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