Not-for-Profit Certificate II: Tax Compliance Track

Learn 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.

• IRS filing requirements including Forms 990 and 990-T 
• Reporting thresholds
• Reasonable cause abatement
• Unrelated business income (UBIT), exceptions, and exclusions
• IRS audit activity
• Public support test
• Establishing and protecting tax exemption
• Excess benefit transactions 
• Common red flags

Who will it benefit?

• CPAs, financial professionals and not-for-profit staff and board members looking to deepen their existing knowledge of not-for-profit financial responsibility, and set themselves apart as a leader in this field.