Showing posts with label 990. Show all posts
Showing posts with label 990. Show all posts

Friday, July 26, 2013

Making the 990 form reach its potential

This article is oriented to nonprofits who want to ensure that the Form 990 is prepared in a way that will meet the needs of various stakeholders.   Five recommendations are provided, with some good suggestions and reasoning.
http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2013/CorpTax/MakeForm990Work.jsp

One helpful item that is linked within the article that might be of interest is testimony from last year related to this area.   I am separately linking to that testimony which had suggestions, and a little bit of history of  the Form 990.  http://waysandmeans.house.gov/uploadedfiles/borenstein_testimony_7.25.pdf

Thursday, January 24, 2013

2 BKD Nonprofit articles

The one article is related to Schedule K of the 990 form as a recent impetus for audit examinations....look out hospitals this year.  http://www.bkd.com/articles/2013/schedule-k-responses-become-focus-of-recent-irs-enforcement-examinations.htm

The second deals with PILOTs and an explanation of the balancing act for government's wanting tax revenue from the impact of non-profit entities.  http://www.bkd.com/articles/2013/balancing-the-interests-of-municipalities-and-nonprofits-through-pilots.htm

Tuesday, August 28, 2012

Thursday, August 23, 2012

Monday, December 19, 2011

990 extension for certain organizations

who are efiling as per the Journal of Accountancy article http://www.journalofaccountancy.com/Web/20114913.htm

Thursday, February 3, 2011

Some IRS 990 errors

causine certain NFP forms at Guidestar to be inaccurate http://www.bkd.com/media/articles/insights/npg/2011/2011-02alertsNPG-1.htm

Wednesday, September 1, 2010

Form 990 in Public Eye

It not only points to what the Internal Revenue Service expects, but also to best practices for tax-exempt organizations.  See this Journal of Accountancy Articl Sept 2010  http://www.journalofaccountancy.com/Issues/2010/Sep/20102725.htm

Friday, May 14, 2010

Nonprofits had better file the forms

http://www.irs.gov/newsroom/article/0,,id=222668,00.html
Tax exempt organization must file 990 or lose their tax exempt status See the attached guidance.

Thursday, October 29, 2009

Nonprofit help is here from the IRS http://www.stayexempt.irs.gov