61. Tax Reform Impact on 990 and 990-T Reporting

Track: 
Tax
Field of Study: 
Taxes
CPE Credit: 
1.5
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements. General experience working in, or auditing, not-for-profits, including those NFPs audited under GAGAS.

Wednesday, June 20, 2018
 
9:00AM-10:15AM

Tax reform impacts Forms 990 and 990-T even though the IRS budget didn't allow 2017 revisions. We must not only study new code, but also interpret how changes should be reported. Organizations may need to implement systems for collecting data. This session will discuss changes to the law and how practitioners can assist clients to collect appropriate information whether or not the forms change for 2018.

Learning Objectives:

  • Learn how changes in the tax law and other regulatory changes may affect tax reporting for exempt organizations.
  • Learn about other regulatory changes regarding donor advised funds, partnership audit regulations and whatever else is proposed by the Treasury Department.


SESSION SPEAKER(S)

CPA
Partner, Blazek & Vetterling
CPA, M.S. Taxation
Shareholder, Clark Nuber PS