NFP Tax Considerations: Tax Exempt Entity State and Federal Filing Requirements

This course reviews tax-exempt entity filing considerations for Not for Profit (NFP) organizations that qualify under section 501(c)(3) of the Internal Revenue Code and raise contributions through various means whether online, through direct mail, or in person. 

The course will reviews the laws regarding the filing requirements for a typical not-for-profit including Internal Revenue Service (IRS) Form 990 federal informational tax forms, state informational returns, and a discussion of the Unified Registration Statement which many states use to streamline the charitable organization registration burden.  All of the preceding items are required to maintain tax-exempt status.  We also discuss state sales tax issues.