Identifying the “right” people who fit Trustee/Director, Officer, or Key Employee status (the key pool of “managers” the IRS disclosures, a/k/a “TDOKEs”), is essential to appropriate Form 990 reporting. Indeed, Part VII-A is the first Part of the 990’s three-legged stool of high-interest, non-financial statement disclosures. The materials and the author/instructor’s practical perspective readily guide preparers through the minefield of understanding of who is a current TDOKE (or a “High 5”) as well as when non-current (i.e., “former”) status applies.
Clear examples illustrate compensation testing for KEs, High 5s, and formers and illuminate the challenges fiscal year organizations face in their vetting which need dial back to the calendar year as to the basis of these individuals’ compensation reporting.
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 course include:
Public accounting tax and audit staff, and nonprofit organization’s Treasurers, CFOs and finance/compliance staff
None, although helpful to have some knowledge of how the Form 990 is structured