Not-for-Profit Certificate I: Tax Compliance Track

Gain an overview of tax and compliance requirements that apply to tax-exempt, not-for-profit entities. Identify federal and state filing requirements, including the IRS Form 990 series of returns, state sales tax exemptions, and charitable registrations. Recall when a tax-exempt organization may be subject to unrelated business income taxes (UBIT) and indentify the applicable filing requirement. There are five courses in this certificate program.

• Basic compliance requirements of various types of tax-exempt organizations
• Federal and state filing requirements, including the IRS Form 990 series of returns, state sales tax exemptions, and charitable registrations 
• Structure and core components of Form 990 and related schedules
• Uunrelated business income taxes (UBIT)
• Unique compliance requirements and restrictions related to private foundations

Who will benefit from this certificate?

• CPA and non-CPA staff at small to mid-sized firms who perform not-for-profit financial reporting engagements, including partners and managers at these firms who wish to enter the not-for-profit industry and need a basic understanding of the sector.
• Board members and financial or non-financial staff members at not-for-profit organizations who are new to not-for-profits or who wish to expand on their understanding of the fundamental financial management issues that are unique to not-for-profits.