Session 1 of Borenstein’s Form 990 Foundational Series:
Mastery of the Form 990 requires ability to identify the filer’s “related organizations” (indeed, doing so is THE FIRST preparation step called for in the 990 instructions!) This “990-term-of-art” employs four commonly-found categories: the first three utilize a 990-specific definition of “control” as the basis for determining related organizations due to “parent,” “subsidiary,” or “sibling” status; and a fourth applies when a supporting organization is in the mix (VEBA’s face a unique rule which is easy to master and also noted). This session fully illuminates, with real-world explanations, the full panoply of nuances that preparers confront in working with those four categories. Participants will find multiple take-away tools and tips to master the underlying definitional precepts of direct and indirect “control” the 990 imposes. Thereafter, the materials and author/instructor turn to an overview of the preparation points for Parts II-V of the Schedule R.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
After attending this presentation you will be able to…
The major topics that will be covered in this class include:
Public accounting tax and audit staff, and nonprofit organization’s Treasurers, CFOs and other finance/compliance advisors
This webinar is produced by CPA Crossings. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.