990s - Non-profits
Joel Smith, EA, MSA will provide an overview of the 990 form series for non-profit organizations. This presentation in not just about how to fill out forms, but what they mean, and why they are important, not only for tax preparers, but for anyone who works with or participates in a non-profit. Joel will address filing requirements, including who has to file what, e-filing, state requirements, and what happens with late or inaccurate returns. He will discuss compliance issues and governance questions, and the need for transparency, as well as addressing entries and numbers on the forms.
Learning Objectives:
- To understand the reasons for completing a Form in the 990 series
- To understand filing requirements and compliance
- To discuss how 990 tax filings relate to non-profit transparency and governance
Participants earn up to 1.0 CE/CPE credits.
Field of Study: Federal Tax Law Topics / Taxes
Pre-Requisites: None
Who Should Attend: CPAs, EAs, and other Tax Professionals
Advanced Preparation: None
Program Level: Intermediate
Delivery Method: Group Internet Based
IRS Program Number: QSRNU-T-00669-24-O
Registration Fees
Individual Webinar
Members: $25 / Non-Members: $45*
Bundle Discount for All 6 Webinars
$100 for members / $200 for non-members
*Join VASEA for $90 and enjoy member rates at events all year long.
Member Discount Eligibility
Member pricing applies to NAEA and VASEA Members, Associates, and current VASEA Annual CE Pass holders, and their staff. Staff are only eligible for VASEA member rates if registration is paid for by a VASEA Member, Associate or current CE passholder.
Group discounts at education functions are given to multiple attendees from a single firm when there is one payment for all registrations: 3‐5 attendees = 5% each; 6‐10 = 10%; 11 or more = 15%.
Phone or Email Registration Options
There is a $25 additional fee for registrations taken over the phone or via email.
Refund Policy
Refunds will be honored if written notification is received at the Administrative Office fourteen days prior to event. A processing fee of $25 will be deducted from the refund. Cancellations within 14 days of the event will not be accepted. Substitutions are always allowed for in-person registration. Substitutions are only allowed for webinar registrations if received 48-hours prior to the start of the webinar. “No Shows” forfeit their fees.
Cancellation
VASEA reserves the right to cancel any program or course for circumstances that are not under direct control of VASEA. If a course or program is cancelled, registrants will be notified via email at the address listed on their registration form.
Complaint Resolution Policy
For more information regarding refund, cancellation and complaint policies, please contact VASEA at admin@vasea.org
Questions
Contact VASEA at admin@vasea.org
Joel Smith holds a Bachelor of Science in Accounting from Strayer University and a Master of Science in Accounting from Liberty University. He worked for three different firms before founding Artisan Tax Services, LLC, specializing in non-profits. He also presented before the Prince William County Chamber Nonprofit Alliance. In 2022 he published his book, The Nonprofit Role.
In addition to his familiarity with the accounting aspects of nonprofits, Joel has been very active with nonprofit organizations. The Winchester Optimist Club (defunct), Society of St. Andrew, Shenandoah Valley Hockey League (defunct), and NW Works are all organizations he spent time with as a volunteer at various levels. However, it’s his 20 years as an adult leader with the Boy Scouts of America of which he is the proudest. All three of his sons were Boy Scouts, with two having attained the rank of Eagle Scout. He is also currently involved in setting up, as an officer and Director, a new nonprofit in the area.
