Form 990: Beyond the Basics

This IRS form 990 webinar will discuss how to fill core Form 990, the complex elements of the form, the governance/insider compensation rules for exempt status , current areas of IRS focus and exam activity, how to avoid common mistakes that can increase your organization’s audit risk, best practices to consider in return preparation, and how the story your Form 990 is telling about your organization.

Why Should You Attend:

Non profits having tax-exempt status do not pay federal taxes, but they have to file an information form with the IRS called 990. This is because by filing the 990 makes sure that nonprofits conduct their business which is consistent with their public responsibilities.

The IRS Form 990 is a valuable information gathering tool for the IRS to confirm organizations are meeting their nonprofit requirements. It's also important to donors and rating agencies in assessing and reporting the health of organizations. This IRS Form 990 webinar will discuss the complexities of filling Form 990, the common mistakes and how to de-risk in preparing the Form 990 by identifying red flags and best practices of return preparation.