Fargo Holiday Inn
8 CPE Hours
$250 Member ($279 Nonmember)
Add $25 after 10/6/2010
Instructor: Eve Borenstein, JD
Prepare for the redesigned Form 990 in this all-new course. Investigate the data you need to secure and the inputs necessary to accurately and completely prepare the 990's 11-page core form, along with its most common schedules. Explore common traps to avoid and understand critical nuances to ensure easier preparation. Discuss the redesigned form's revamped definitions and new mandates for reporting on managers and their compensations, exempt program accomplishments, governance, financial inputs and results, and more.
Major Subjects:
Review of the entire core form and the analogous parts of Form 990-EZ
Core form's 12th page -- Schedule O
Assisting 501(c)(3) taxpayers to understand how to qualify and report as a public charity on Schedule A
Basic definitions used for reporting transactions with interested persons on Schedule L
How to report gross receipts and expenses for fundraising events/sales on Schedule G
Reporting on lobbying activities of 501(c)(3) organizations in Schedule C
New methodologies and definitions for reporting on trustees/directors, officers, key employees and the five highest-compensated employees
Reporting obligations for related organizations
Non-financial nature of key parts of the form
Imperatives and common mistakes
Designed For: CPAs and Form 990 preparers, and managers who work with preparers to review Form 990 prior to filing Level: Basic Developer: Eve Borenstein Prerequisite: Basic understanding of Form 990 recommended
