Nonprofit Taxation Rules and Form 990

Overview

This course explores the latest tax provisions impacting non-profit entities, including charities, hospitals, and universities, with a focus on common issues CPAs may face when completing their clients Form 990.

*Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com

Highlights

• Recent tax legislation and developments related to non-profit entities
• Special sections of Form 990 and various form related changes
• Nonprofit tax exemption applications
• Excess compensation excise tax
• Excess parachute payment excise tax
• Unrelated business income tax
• Required profit motive

Prerequisites

Basic working knowledge of nonprofit taxation

Designed For

CPAs in public practice and those seeking on update on client ethical compliance

Objectives

• Apply the most recent tax provisions related to non-profit entities
• Identify special sections of Form 990 and advise clients on tax rules related to public charities

Preparation

None