Description
In this CPE course, take a close look at the required schedules of the IRS Form 990.
Objectives
- Identify the process to prepare the most common Form 990 schedules
- Analyze a scenario to determine the correct amount, line item, and schedule for Form 990 reporting
- Recognize the reporting considerations for the most common Form 990 schedules
Highlights
- Walkthrough of Form 990 schedules
- Reporting thresholds
- Public support test
- Lobbying and political activities
- Foreign activities
- Special events
- Gaming
- Insider compensation
- Non-cash contributions
- Domestic grantmaking
- Related parties
- Reconciling Form 990 to GAAP basis financial statements