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Form 990: Mastering Its Unique Characteristics
Tax
Webcast

Form 990: Mastering Its Unique Characteristics

This webcast covers the numerous reporting demands the 990 imposes, including how to respond to the Form’s demands for narrative answers.

$279 - $339
Do you have an AICPA membership? Log in to apply your member discount.

Format

Webcast

Date

Nov 10, 2021

NASBA Field of Study

Taxes

Level

Intermediate

CPE Credits

8

Author(s)

Brian Yacker

Availability

3 months

Product Number

VTSEF9B21010

 Part of Webcast Pass
 Business & partner 
Product Details

This webcast is part of the Tax Staff Essentials program.

Explore the tax information and inherent not-for-profit organization issues to be mastered in properly preparing the current Form 990. This webcast covers the numerous reporting demands the 990 imposes, including how to respond to the Form’s demands for narrative answers. Participants will gain an understanding of the tax and practical points essential to appropriate completion of the Form 990 and be guided on advising exempt clients on the Form’s complexities and diverse demands.

Key Topics

  • Primacy of the Form 990 as a "one size fits all" reporting mechanism
  • Form 990 preparation sequencing and data gathering; and keys to getting Form 990 preparation right the first time
  • Addressing presence of "related organizations"
  • Identification of managers and measurements of their compensation
  • 990 versus books-and-records financial statement detail
  • Disclosures of governance inputs and Boards’ employ of policies

Learning Outcomes

  • Recognize and apply the following unique-to-Form 990 definitions: who is a "manager" required to be disclosed upon Part VII-A of the Core Form, required elements of manager’s compensation to be disclosed and when third party entities are "related organizations."
  • Recognize the detail sought by the IRS in reporting on both program service accomplishments and changes in operations in Part III of the Core Form.
  • Analyze the unique terminology employed in the Core Form’s key "Governance" Part (VI).
  • Identify 990 definitions and tax conventions employed in reporting on all aspects of financial statements (Parts VIII, IX and X).
  • Recognize the importance of making accurate and expansive disclosures via Schedule O relating to six priority governance inquiries made in Part VI.
  • Identify the premises by which Schedule L is triggered.

Who Will Benefit

  • CPAs
  • Attorneys
  • Nonprofit managers
Credit Info
CPE Credits
8
NASBA Field of Study
Taxes
Level
Intermediate
Prerequisites
Basic knowledge of taxation
Access
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
Duration
8 hrs
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
$339.00
AICPA Members
$279.00

Group ordering for your team

2 to 5 registrants

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6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Speakers
Brian Yacker
JD, CPA
Brian Yacker has more than 20 years of tax, legal, and accounting experience in serving exempt organizations. His areas of expertise include public support test calculations and planning; preparation of reasonable compensation rebuttable presumption binders and Reasonable Compensation Studies; governance best practices consultation; recommendations regarding effective Bylaws; conducting of EO Governance Check-Ups; compliance with the §501(h) lobbying safe harbor; proper functional expense allocations; maximizing charity watchdog ratings; preparation of federal and state Tax Exemption Applications; conducting of unrelated business income revenue stream studies; and the proper internal and external reporting of special event fundraisers. Yacker is actively involved in the AAA-CPA, serving on their Board of Directors, Finance Committee, and Executive Committee. He also serves on the Board of Directors and as an Executive Committee member for BookEnds and as the Treasurer for the Long Beach Nonprofit Partnership. Yacker earned his Bachelors degree in Finance/Marketing from the University of Virginia and his Juris Doctor from the Indiana University School of Law (Bloomington). His personal interests include hiking, camping, sports memorabilia collecting, playing fantasy sports, Asian cooking, and spending time with his wife, two daughters, and son.
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services.The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

Cancellation Policy
View our Cancellation policy here
Form 990: Mastering Its Unique Characteristics
Nov 10, 2021
Select from the following options:
Nov 10, 2021
3:30pm11:30pm GMT
Nonmember Price
$339.00
Price excluding sales tax
$339.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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