IRS to Hold One Day Conferences Around the Country for Small and Medium-Sized Nonprofits
The Tax Exempt and Government Entities Division of the Internal Revenue Service will hold one-day workshops around the country for small and mid-sized 501(c)(3) organizations.
Each workshop, presented by experienced IRS Exempt Organizations specialists, will explain what 501(c)(3) organizations must do to keep their tax-exempt status and comply with tax obligations. The IRS states that this introductory workshop is designed for administrators or volunteers who are responsible for an organization’s tax compliance.
Each one day workshop covers the following topics:
Tax-Exempt Status – Benefits and responsibilities of tax-exempt status under 501(c)(3). Actions that may jeopardize tax-exempt status of an organization.
Unrelated Business Income – The definition of unrelated business income, common examples, common exceptions and filing requirements. Includes a discussion of charitable gaming.
Employment Issues – Classification of workers and filing requirements for employees and independent contractors.
Form 990 – An explanation of the Form 990, tips on record-keeping and completing the Form 990. Includes a discussion on the new “e-Postcard” filing requirement.
Required Disclosures – Overview of disclosures tax-exempt organizations are required to make, including new disclosure requirements imposed by the Pension Protection Act of 2006.
This workshop does not cover how to apply for tax-exempt status or compliance requirements for non 501(c)(3) organizations.
The dates and locations of these workshops are posted on the IRS website. Please click here for more information. Pre-registration is required.
AMT
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