Overview
This course is designed to familiarize individuals who work for or with nonprofit organizations with Form 990 filing requirements. It covers the series 990 forms as well as common issues and pitfalls faced by nonprofit organizations. This is a basic course, geared toward the most common type of charitable organization - 501(c)(3).
Note - This course does not contain specific tax form preparation guidelines. It is a general overview of exempt issues
Learning Objectives
Upon completion of this course, students will be able to:
- recognize how Section 501(c)(3) organizations might inadvertently jeopardize their exempt status
- determine Form 990 filing due dates for a Section 501(c)(3) organization
- calculate an organization's gross receipts in order to determine which version of Form 990 a Section 501(c)(3) is required to file
- identify other common issues that might trigger additional filing requirements
Tax Year: 2020
Designed For
CPAs, EAs, and other tax professionals working to inform themselves of the most common tax issues of a 503(c)(3) organizations
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License or Certification
Regulator
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