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Tuesday, December 5, 2023 Live Webcast

Form 990: Best Practices for Accurate Preparation (E2312961)

9:00 AM - 4:30 PM EST

Registration: 8:45 AM EST

webcast

Vendor Platform

8 CPE Credits in TX

OVERVIEW

In basic terms, Form 990 is the annual federal return that is required to be filed by all types of exempt organizations. The course takes the participant through the basics of Form 990. It covers the complete form and all the accompanying schedules. The course goes line by line through the Form 990 and offers explanations and tips for accurate completion. Participants will gain an understanding of the tax and practical points essential to completion of the Form 990 which has a 12-page core form and 16 schedules.

DESIGNED FOR

CPAs, attorneys, and nonprofit managers

BENEFITS

  • Identify the filing requirements for Form 990, Form 990-EZ, and Form 990-N.
  • Determine best practices for completing the core form.
  • Recognize risks in preparing Form 990 and identify certain reporting red flags.
  • Appreciate 990 definitions and tax conventions employed in reporting on all aspects of financial statements (Parts VIII, IX, and X).
  • Prepare for the most common Schedules that typically apply to 990 filers: identification of public charity status (Schedule A); reporting on donors (Schedule B); financial statement line items (Schedule D); reporting on fundraising events, gambling, and use of professional fundraisers (Schedule G); grant-making (Schedule I); and capture of property ("non-cash") contributions (Schedule M).

HIGHLIGHTS

  • Form 990 filing requirements
  • Form 990 preparation sequencing and how to pull together necessary data
  • Keys to getting Form 990 preparation correct the first time
  • Addressing presence of related organizations
  • Identification of managers and measurements of their compensation
  • Form 990 versus books-and-records financial statement detail
  • Disclosures of governance inputs and Boards’ employ of policies

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Jeanette Bax-Kurtz

Jeanette Bax-Kurtz, CPA
(4.0)

Jeanette Bax-Kurtz, CPA St. Louis, MO Jeanette Bax-Kurtz is the Director of Not-for-Profit and Regulatory Services for Mueller Prost and coordinates the firm’s delivery of audit, tax and advisory services to tax exempt and other organizations, including not-for-profit, real estate, and healthcare industries. Her considerable knowledge base has been the source of assistance for many directors, trustees, government agencies, owners and consultants in solving challenges facing a dynamic environment.

Jeanette is a graduate of University of Missouri, St. Louis with a B.S.B.A. concentration in Accounting and a Minor in Mathematics. She has more than 30 years of experience in public accounting. Jeanette is a Certified Public Accountant in the States of Missouri, Illinois, Nebraska, and California. She is a member of the American Institute of Certified Public Accountants, Missouri Society of Certified Public Accountants, Affordable Housing Association of Certified Public Accountants, Missouri Municipal League, National Center for Employee Ownership, and AGA – Advancing Government Accountability. She also co-chairs the Allinial Global Not-For-Profit Community of Practice.

Her focus on not-for-profit organizations and highly regulated industries makes Jeanette a sought-after educator and speaker. She frequently teaches courses for the AICPA, conducts seminars for Allinial Global, and is a guest lecturer at various universities and other organizations.

In addition to her professional affiliations, Jeanette serves as a board member for several prominent non-profit organizations, as well as a local bank. She also devotes a considerable amount of time to providing services and volunteering for a variety of tax-exempt organizations. Jeanette is a multi-year recipient of the Association’s Outstanding Facilitator Award.

PRICING

$289.00 - Member

$439.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

American Institute of CPAs