Summaries of Course Content

Virtual Workshop Course Summaries:

1. Tax-Exempt Status
   Learn the ABCs of 501(c)(3) tax exemption and how to avoid activities that jeopardize it.
2. Unrelated Business Income
   Identify when income-producing activities generate taxable income and how to report and pay taxes on it.
3. Employment Issues
   Learn the differences between employees, independent contractors, and volunteers, and the different tax treatment required for each.
4. Form 990
   Walk through the steps of filling out Form 990, and learn how good recordkeeping is essential for accurate completion.
5. Required Disclosures
   Learn your organization’s responsibilities to disclose certain types of information to the general public.

Glossary

Forms and Publications

Mini-Course Summaries:

1. Navigating IRS Resources for Tax-Exempt Organizations
   Learn what resources the IRS Web site makes available for exempt organizations and how to find them.
2. Political Campaigns and Charities: The Ban on Political Campaign Intervention
   Learn how intervening in a political campaign jeopardizes a 501(c)(3) organization’s exempt status and understand the steps an organization should take to avoid an inadvertent violation.
3. The Wonderful World of Foundation Classification (Part I)
   Get answers to your questions about "foundation classification." Learn the basics of two of the more common types.
4. Can I Deduct My Charitable Contributions?
   Get an overview of what’s deductible and what’s not.
5. Applying for Tax-Exempt Status
   Learn about IRS Resources that help make the process of applying for tax-exempt status easier and quicker.
6. Preparing to File the New Form 990
   Learn about the changes the IRS has made to the Form 990 or 990 EZ.
7. The Redesigned Form 990 –Part I
   Receive general instructions for completing the form, and walk through the heading and financials sections.
8. The Redesigned Form 990 –Part II
   Learn about properly filling out the Accomplishments, Compliance, and Compensation sections.
9. The Redesigned Form 990 –Part III
   Get a walkthrough of the Governance, Management, Disclosure, and Summary sections as well as the Checklist of Required Schedules and Schedule A.
10. The Redesigned Form 990 –Part IV
    Learn how to accurately complete Schedules C, F, G, I, M, and R.
11. An Overview of Form 990-EZ
    Due to increased filing thresholds, many more organizations are now able to file File Form 990-EZ instead of the full Form 990.  To find out if your organization might be able to file this shorter, simpler form, and to learn more about the new Form 990-EZ, watch this mini-course.
12. Disaster Relief - Part I
    Learn how charitable organizations may provide relief in disaster situations and the special tax rules that apply to such organizations.
13. Disaster Relief - Part II
    Learn about the special rules that apply to employer sponsored disaster relief organizations, the deductibility of contributions to disaster relief organizations and the tax treatment of relief recipients.
14. 403(b) Tax-Sheltered Annuity Plans - Employee
    Are you an employee of a 501(c)(3) tax-exempt organization or a public school, college or university that has a 403(b) tax-sheltered annuity (TSA) plan?  Learn the advantages of participating in this type of retirement plan and how it works.
15. 403(b) Tax-Sheltered Annuity Plans - Employer
    If your organization has a 403(b) tax-sheltered annuity (TSA) plan, it is important to routinely review that plan and ensure it complies with current tax laws and regulations. View this brief presentation about recent law changes and operating a 403(b) plan.