2024 Nonprofit Taxation Rules and Form 990

Overview

This course explores the latest tax provisions impacting non-profit entities, including charities, hospitals, and universities, with a focus on common issues CPAs may face when completing their clients Form 990.

**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.

Course Instructor: Steven Dilley, CPA, JD, PhD

Highlights

Recent tax legislation and developments related to non-profit entities
Special sections of Form 990 and various form related changes
Nonprofit tax exemption applications
“Intermediate sanctions” excise tax
Excess compensation excise tax
Excess parachute payment excise tax
Unrelated business income tax
Required profit motive
The Mayo case
Entertainment expenses
Taxable fringe benefits (including employer-provided parking)

Prerequisites

Basic working knowledge of nonprofit taxation

Designed For

CPAs working in public accounting firms and for non-for-profit organizations

Objectives

Apply the most recent tax provisions related to non-profit entities
Complete special sections of Form 990 and advise clients on tax rules related to public charities

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.