This course reviews tax-exempt entity filing considerations for Not for Profit (NFP) organizations that qualify under section 501(c)(3) of the Internal Revenue Code and raise contributions through various means whether online, through direct mail, or in person.

 

The course will reviews the laws regarding the filing requirements for a typical not-for-profit including Internal Revenue Service (IRS) Form 990 federal informational tax forms, state informational returns, and a discussion of the Unified Registration Statement which many states use to streamline the charitable organization registration burden.  All of the preceding items are required to maintain tax-exempt status.  We also discuss state sales tax issues.

Learning Objectives
  • Recognize the federal and state filing requirements for not-for-profits that are required to maintain tax exempt status
  • Identify the steps needed to properly complete the Unified Registration Statement
  • Identify the common issues related to obtaining state sales tax exemptions for not-for-profits
Last updated/reviewed: March 28, 2024
9 Reviews (38 ratings)

Reviews

5
Anonymous Author
This was very helpful. I've been working with a number of small nonprofits in my community and this is helpful in determining what each needs to file.
2
Anonymous Author
Not one of my favorites. Felt like the instructor was reading off papers he had in front of him. I found that some slides were thorough and others not so much. This information is very detailed and specific. I wish the slides had been more thorough.
4
Member's Profile
I like this course because I work for a Non-for-profit organization. It is helpful to understand the basics of tax exempt application and filling requirement.
4
Anonymous Author
The presenter discussed various requirements for filing federal and state non profit organizations.
4
Anonymous Author
Presenter's style is a little monotone. The course appears to have been last updated in 2018.
5
Member's Profile
Provides a solid base level understanding and I will look for more of his courses.
4
Anonymous Author
Good discussion of potential pitfalls to watch out for when working with NFP
4
Anonymous Author
Good content, however, a bit dry. presenter did a nice job overall.
4
Anonymous Author
good discussion of subject, effective presentation and text
Prerequisites
Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to NFP Tax Considerations: Tax Exempt Entity State and Federal Filing Requirements5:25
  NFP Application Requirements18:01
  Exempt Approved? Now What17:27
  Who Is Exempt From Filing14:44
  Completing the URS and Summary5:37
CONTINUOUS PLAY
  NFP Tax Considerations: Tax Exempt Entity State and Federal Filing Requirements1:01:15
SUPPORTING MATERIALS
  Slides: NFP Tax Considerations: Tax Exempt Entity State and Federal Filing RequirementsPDF
  NFP Tax Considerations: Tax Exempt Entity State and Federal Filing Requirements Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam