Form 990 Reporting In Depth: Understanding Key Schedules and Forms, Adjusting to 2013 IRS Revisions
Recording of a 110-minute CPE webinar with Q&A
This teleconference will provide accounting professionals and return preparers with an in-depth review of the more difficult schedules and forms of Form 990. The panel will outline approaches to the latest IRS changes to the form, schedules and instructions, as well as complex ongoing reporting demands.
- Introduction and recent revisions
Return preparation issues arising from Form 990
- Statement of Revenue—cash vs. non cash donations
- Fundraising, how to record income and expenses
- Program Service Accomplishments
- Requirements of Governance
- Common misclassifications of functional expenses
Most challenging issues in preparing Form 990
- Compensation reporting (Part VII)
- Public Support Calculations (Schedule A)
- Lobbying Activities (Schedule C)
- Transactions with Insiders (Schedule L)
- Information Reporting (Part V)
- Foreign Activities (Schedule F)
Challenging issues for large, complex non-profits
- Governance issues
- Independence of the board
- Composition of compensation committees and other committees
- Who is considered a "disqualified person"?
- Community benefits analysis for healthcare entities
- Tax exempt bonds
The panel will arm you with the tools to report accurately and efficiently to meet the complex reporting requirements of Form 990 by addressing:
- Adjusting to changes from the revised Form 990 for 2012, and the previous 2011 revision, including the new compensation reporting requirements.
- Applying experiences for Form 990 compliance, based on challenges and solutions from prior years.
- Correctly reporting on difficult but key Schedules, such as F and D.
- Preparing Part X balance sheets and Part VIII Statement of Revenue.
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Mr. Yacker has more than 20 years of tax, legal and accounting advisory work with exempt organizations. In that time,... | Read More
Mr. Yacker has more than 20 years of tax, legal and accounting advisory work with exempt organizations. In that time, he has amassed extensive experience preparing and reviewing forms 990, 990-T and 990-PF.Close
John R. Washlick
Buchanan Ingersoll & Rooney
Mr. Washlick focuses his practice on health care transactions and corporate compliance. He counsels clients on... | Read More
Mr. Washlick focuses his practice on health care transactions and corporate compliance. He counsels clients on professional service agreements, physician recruitment incentives, state and federal fraud and abuse and anti-referral prohibitions, among other matters. Mr. Washlick has particular knowledge in the areas of tax-exempt and non-profit law, health care mergers and affiliations, and joint ventures.Close
Ms. Kohno specializes in assisting small to mid-size non-profit organizations with federal and state compliance... | Read More
Ms. Kohno specializes in assisting small to mid-size non-profit organizations with federal and state compliance issues in the filing and preparation of Forms 990, 199 (California) and RRF-1. Ms. Kohno has over 20 years of experience in public and private accounting. She has prepared 990s for hospitals, schools, churches, private foundations, PTAs, Business leagues and countless other non-profits.Close