Mastering Form 990 Schedule G: Reporting Fundraising and Gaming Activities for Nonprofits, UBTI Rules
A live 110-minute CPE video webinar with interactive Q&A
This webinar will provide accounting and tax professionals advising tax-exempt organizations with the tools and understanding to properly report fundraising and gaming activities on Schedule G of Form 990 or Form 990-EZ. The panel will perform a deep dive of the accounting calculations and tax reporting rules for special events, including the dollar thresholds of professional fundraising costs, contributions, and gross gaming event income, as well as discuss the nuances of unrelated business taxable income (UBTI) and referencing Schedule G entries to other parts and schedules of Form 990.
- What activities qualify as fundraising events that must be reported on Schedule G
- Fundraising activities
- Fundraising events
- Schedule G reporting by activity
- UBTI issues with fundraising and gaming activities
- Other information reporting obligations
The panel will discuss these and other critical questions:
- How to differentiate between fundraising activities, fundraising events, and gaming events
- Allocating expenses to fundraising events and activities
- Reporting the respective activities on Part I, Part II, and Part III of Schedule G
- Reconciling Schedule G information with other parts of Form 990
- How to determine whether receipts from gaming activities qualify as UBTI
- Advising exempt organizations on avoiding UBTI traps
Magdalena M. Czerniawski, CPA, MBA
Ms. Czerniawski is a member of the firm’s Nonprofit, Government & Healthcare Group. With over 15 years of... | Read More
Ms. Czerniawski is a member of the firm’s Nonprofit, Government & Healthcare Group. With over 15 years of nonprofit industry experience, she provides tax services to a wide array of nonprofits, including charitable organizations, schools, social welfare organizations, professional associations and private foundations.Close
Mr. Fortsch is a lead specialist with regards to tax-exempt issues for the firm. From a national perspective , he... | Read More
Mr. Fortsch is a lead specialist with regards to tax-exempt issues for the firm. From a national perspective , he serves the tax needs of the firms taxable and tax exempt health care clients. Mr. Fortsch also is a frequent presenter for HFMA , Illinois CPA Society and RSM Industry Focused CPE Courses.Close
Early Discount (through 08/27/21)
CPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event. See NASBA details.