After reviewing internal budgeting and strategy, internal reporting and external reporting, learn how that information is reflected in federal and state tax compliance filings for NFPs. Industry experts will walk you through a Form 990, highlighting updates for 2020 reporting.
1. Identify how tax reporting for an exempt organization correlates with audited financial statements and internal financial reporting. 2. Identify key differences between GAAP and IRS reporting requirements. 3. Determine how to communicate to your organization’s Board of Directors what they should be focused on in reviewing the Form 990 series.
*Tax updates for NFPs
Individuals with knowledge of the not-for-profit industry
Knowledge of the not-for-profit industry