990 Tax Return

[Recommended Book]

Law of Fundraising, 2008 Cumulative Supplement, The

2.333335
Average: 2.3 (3 votes)
By Bruce R. Hopkins
Hopkins is the leading authority on nonprofit law. A must for anyone in a nonprofit leadership role.

Publisher's Description:

Containing a complete update of the main volume it accompanies The Law of Fundraising, Third Edition this 2008 Cumulative Supplement is updated and expanded, detailing federal and state laws with an emphasis on administrative, tax, and constitutional law. Clearly explaining state and federal rules impacting fundraising professionals, this supplement provides you with IRS rulings and pronouncements, an IRS checklist for monitoring charitable fundraising, and sample IRS forms.   Read more


[Recommended Book]

Revised Form 990: A Line-by-Line Preparation Guide

2
Average: 2 (2 votes)
By Jody Blazek
Every board and nonprofit manager needs to be up to speed on the new revised 990 form; this book is a must!

Publisher's Description:
 

A line-by-line preparation guide to the completely new and revised Form 990 for nonprofit organizations.

This workbook walks readers through the process of completing the complex and significantly revised Form 990 due for the 2008 tax year. Jody Blazek demystifies the process for financial professionals and nonprofessionals alike who are held accountable for the content of these forms. She provides guidance for responding to the many new questions, considering adoption governance policies and procedures suggested as appropriate by the IRS, and reforming data-gathering systems to capture requested information on the form. This book is an essential guide for every 990 filer, filled with instructions and comments about each part of the new form and schedules.  Read more


[Tool]

Sample University Donor Recognition Policy

Courtesy of the University of Newcastle, Australia

Introduction
The University of Newcastle acknowledges the importance of recognizing the support provided by its many supporters and benefactors.  Read more


[Tutorial]

The Redesign Form 990: Advising Nonprofit Organizations

3
Average: 3 (6 votes)
By Bonnie M. Wyllie, Esq., LL.M.
Vice-President, LaPort Sehrt Romig Hand Tax Consulting Services
Previously published in the March 2009 issue of the "Journal of Accountancy"

Most nonprofit organizations are now reviewing their first redesigned IRS Form 990 and its many new information requirements designed to enhance transparency and accountability. CPAs with nonprofit clients now are seeing the pieces fit together with satisfaction or, if drawing together the information has been difficult, perhaps with some concern. Many small organizations may be in need of some quick pointers and suddenly need your help. The new form, unveiled in late 2007, must be used for tax years beginning in 2008 by nonprofit organizations required to file Form 990, Return of Organization Exempt from Income Tax.  Read more


[Tip Sheet]

Transparency Tips

Your rating: None Average: 2 (2 votes)

One of the hottest buzzwords in philanthropy these days is, “transparency.” Assuring that your organization meets the highest ethical standards and that the public is fully aware of your organization policies, and financial status is critical in today’s world. Here are some hints on creating a transparent organization:  Read more


Syndicate content