Be Nonprofit, Stay Nonprofit: IRS Nonprofit Tax Compliance Workshop

Tuesday, September 10, 9:00 AM

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This introductory workshop, presented by experienced specialists from the Internal Revenue Service’s Exempt Organizations Division, covers the nuts and bolts of tax compliance for small- and mid-sized exempt organizations. The workshop covers what 501(c)(3) organizations must do to comply with tax obligations and keep their tax exempt status. It is designed for board members, officers, volunteers and staff of 501(c)(3) organizations, tax practitioners who work with them and students in nonprofit management programs.

Don’t miss this unique opportunity to get your questions answered by the experts!

Registration fee: $45

Topics Include:

Tax Exempt Status

  • Definition of tax exempt status
  • Types of exempt organizations
  • Organizational and operational tests
  • Benefits of exempt status
  • Private foundations vs. public charity status
  • Jeopardizing tax-exempt status
  • Case study activity

Unrelated Business Income (UBI)

  • Three parts of the UBI test
  • Common examples of UBI
  • Exceptions and modifications to UBI
  • Gaming activities
  • Form 990-T and Form 990-W

Employment Issues 

  • Independent contractor vs. employee
  • Statutory employees and nonemployees
  • Overview of employment tax forms
  • Quiz

Form 990 Series

  • Overview of the Forms 990, 990-EZ, and 990-N
  • Tips on recordkeeping and answers to frequently asked questions
  • Presentation of resources and tools available to exempt organizations

Required Disclosures

  • Public inspection rules
  • Disclosure rules
  • Substantiation of contributions

This session has applied for 6 continuing education credits (CPE and CLE).

A light breakfast and snacks will be served. Lunch is available on your own.

These sessions are made possible by the following partners: Hamline School of Business, Nonprofit Management Programs;  Internal Revenue Service, Exempt Organizations Division; Minnesota Council of Nonprofits; and The Center for Nonprofit Management, University of St.Thomas Opus College of Business.

Event Details:
Tuesday, September 10, 9:00 AM

University of St. Thomas
Opus College of Business
1000 LaSalle Ave
Opus Hall
Room 201
Minneapolis, MN 55403

Register now »