Instructor for this course
more

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.

Learning Objectives

  • Recognize the federal and state filing requirements for not-for-profits that are required to maintain tax exempt status
  • Identify the steps needed to properly complete the Unified Registration Statement
  • Identify the common issues related to obtaining state sales tax exemptions for not-for-profits
Last updated/reviewed: November 9, 2019

2 Reviews (8 ratings)Reviews

4
Member's Profile
I like this course because I work for a Non-for-profit organization. It is helpful to understand the basics of tax exempt application and filling requirement.
4
Anonymous Author
The presenter discussed various requirements for filing federal and state non profit organizations.

Prerequisites

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  5:25Introduction to NFP Tax Considerations: Tax Exempt Entity State and Federal Filing Requirements
  18:01NFP Application Requirements
  17:27Exempt Approved? Now What
  14:44Who Is Exempt From Filing
  5:37Completing the URS and Summary
CONTINUOUS PLAY
  1:01:15NFP Tax Considerations: Tax Exempt Entity State and Federal Filing Requirements
SUPPORTING MATERIALS
  PDFSlides: NFP Tax Considerations: Tax Exempt Entity State and Federal Filing Requirements
  PDFNFP Tax Considerations: Tax Exempt Entity State and Federal Filing Requirements Glossary/Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM