Every NonProfit's Tax Guide - 20 CPE Hours (ACC820)

Regular price $149.00 Sale price $104.00


  • Define a non-profit.
  • Explain how the IRS handles nonprofits when it comes to taxes and auditing.
  • Explain the differences between Form 990-EZ and Form 990.
  • Describe the various components of Form 990-EZ.
  • State the various levels of communication with the IRS that is needed with a nonprofit.
  • Describe the difference between accounting for a nonprofit and bookkeeping for a nonprofit.
  • Explain the 3 methods of accounting and the benefits of each.
  • State the different records that need to be kept, the length records need to be kept.
  • Explain the importance of each required financial statement that a nonprofit must obtain.Identify the key differences between employees and independent contractors.
  • Describe how a nonprofit handles donations and how charitable deductions are claimed.
  • Explain the differences between earmarked, restricted, and conditional gifts.
  • State the annual deduction limit for charitable contributions.
  • Describe the various types of property donations a nonprofit can receive.
  • State the numerous ways a nonprofit can become in trouble with the IRS.
  • Define a disqualified person and an excess benefit transaction.
  • Explain the procedures the IRS has set in place for approving disqualified persons.
  • Explain the parameters around reasonable compensation.
  • Define UBIT.
  • Explain the relationship between UBIT and rental income, capital gains, and investment income.
  • Describe the ways in which a nonprofit can avoid UBIT. ​​

Program Level: Basic
Prerequisites: None
Advanced Preparation: None
Instructional Method: This program is a QAS Self Study offering.
Field of Study: Accounting

Registration Requirements: In order to purchase this program, you can add this course to your cart and continue with the purchase, or you may contact Angela Perkins at angela@cpeworld.com or 1-866-412-5352.

Program Refund Policy: Your satisfaction is our first goal. All courses may be returned for a refund or exchange within 30 days of purchase provided the materials have not been used and the tests have not been taken. Shipping and handling charges are not refundable. For more information regarding administrative policies such as complaint and refund, please contact our offices at 1-866-412-5352.

Complaint Resolution Policy: All complaints will be handled in a timely and efficient manner to ensure the complete satisfaction of our students. For more information regarding administrative policies such as complaint and refund, please contact our offices at 1-866-412-5352.

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