IRS Form 990, Return of Organization Exempt From Income Tax, is a complex, comprehensive form that can be a big challenge for a not-for-profit organization to prepare. Brian Yacker, CPA, J.D., managing partner of YH Advisors, describes best practices for a stress-free and compliant preparation of Form 990. Yacker also is a member of the AICPA Not-for-Profit Advisory Council. (Visit the AICPA Not-for-Profit Section to find more information on not-for-profit tax compliance topics.)
What you’ll learn from this episode:
- Whether your organization should be filing Form 990-N, Form 990-EZ, Form 990-PF, or Form 990, and where to go to make sure you understand key terms used in the form.
- Best practices for preparing Form 990 in the proper order.
- What to look for when reviewing Form 990.
- How to make sure you are filing Form 990 correctly.
Play the episode below:
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