Preparing the Challenging Form 990

ON-DEMAND

Online

2-Tax
CPE Credits

Take your CPE when and where you want it!

In this two-hour session, Stuart P. Sobel, EA, explores strategies to expedite the preparation of a Form 990 return and examines the complex issues related to not-for-profit taxation, including:.

Preparing the required summary of the organization's mission, activities, and financial results
Statement of program service accomplishments
Statements regarding other IRS filings and tax compliance
Governance, management, and disclosure information
Compensation schedules
Supplemental financial statements
Schedule of activities outside of the U.S.
Supplemental information relating to fundraising or gaming activities
Noncash contributions
Political expenditures and lobbying restrictions
Reconciliations between book and tax returns

Registration

PICPA Member: $58
Nonmember: $78

More Information

Course No. ON-DEMAND Level: Basic

Prerequisites:

None

Speaker(s)

Stuart Sobel

Stuart P. Sobel, EA
President
Tax Media Network, Inc.

Stuart P. Sobel, EA is the president of Tax Media Network, Inc. located in Indianapolis, Indiana. TMN produces educational resources for the CPA, Attorney, EA, and nonprofits. Products include book publishing, webcasts, and live courses. Areas of focus include, tax issues, nonprofit governance and strategic planning, and IRS tax controversy.

For 15 years, his firm, Stuart Sobel Consulting, Inc., provided tax consulting in tax planning, business creation, tax-exempt filing, strategic planning, charitable giving, employment benefits, and tax controversy issues. He has helped to create thousands of diverse businesses and nonprofit organizations including public charities, trade associations, and athletic organizations worldwide. Stuart has helped to form international entities in a number of countries including Belize, Senegal, Central African Republic, El Salvador, Mexico, Lebanon, Suriname, Guinea, Sierra Leone, Ghana, Cameroon, Bulgaria, Romania, Zimbabwe, Iraq, Philippines, Romania, Kenya, Congo, Zambia, and Nicaragua.

During the 30 years he worked for the Internal Revenue Service, Stuart held a number of positions, including revenue agent, expert witness, chief examination branch, chief review staff, and group manager. His responsibilities included oversight of audit selections, examination of tax returns, and technical approval of completed cases. He is one of the co-authors of the Internal Revenue Service Examination Standards and was loaned by the IRS to the Russian Republic for the design of their tax system after the breakup of the Soviet Union. He also co-authored the IRS Guide for Return Selection and Examination Plans for Returns Program Managers.

For fourteen years, Stuart taught entrepreneurship, accounting, and tax courses as a member of the Indiana University adjunct faculty.

Stuart was the producer and host of his own nationally syndicated radio program, Wise Choices: Taxes and Charity Today, which aired for eight years on more than 25 radio stations throughout the United States. The media has referred to Stuart as a tax expert and “The Guru of Giving.” Stuart is a recognized author of four books dealing with taxation and nonprofit issues. He loves to make taxation less “taxing” for the mind and wallet!

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