Walk through essential compliance regulations and identify pitfalls that can jeopardize an organization’s tax-exempt status.
Many organizations lack a clear understanding of the rules and responsibilities associated with acquiring, maintaining and terminating tax-exempt status. Every year, hundreds of nonprofit organizations face swift penalties and possible revocation because of lack of knowledge concerning compliance issues. This topic will help practitioners provide practical guidance to their clients regarding rules and responsibilities governing tax-exempt organizations.
Learning Objectives
- You will be able to describe the necessary steps to achieve tax-exempt status.
- You will be able to explain the right steps to achieve tax compliance over organization’s life-cycle.
- You will be able to identify key pitfalls that jeopardize tax-exempt status.
- You will be able to discuss essential rules and responsibilities governing 501(c)(3) organizations.
Credit
More Program Information
Why Lorman?
Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
| Applying for Tax-Exempt Status | |
|
|
| Compliance Before Exemption Is Recognized | |
|
|
| Maintaining Tax-Exempt Status After Exemption Is Recognized | |
|
|
| Terminating a Tax-Exempt Organization | |
|
|
Credit
More Program Information
Why Lorman?
Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
Live Webinar Registration
- AIPB 1.5
- This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
CPE 1.8 including Business Law 1.8
- Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Business Law for 1.8 hours. Prerequisite: basic knowledge of nonprofit governance issues. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
- Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Specialized Knowledge and Applications for 1.5 hours.
Who should attend?
This live webinar is designed for accountants, executive directors, officers, controllers, CFOs, tax professionals, bookkeepers, presidents and vice presidents.
Credit
More Program Information
Why Lorman?
Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Debra L. Scott
The Scott Practice, LLC
- Attorney and principal consultant for SP Consulting, a division of the Atlanta based law firm, The Scott Practice, LLC
- Prior to establishing her firm, she was a relationship manager for the private bank at Bank of America; as a relationship manager, she was responsible for managing Bank of America’s first donor-advised fund
- In the year 2000, she established The Scott Practice, LLC where she represents clients concerning fiduciary disputes and estates & trusts matters
- In 2014, she introduced a new nonprofit consulting division to the firm called SP Consulting
- As a principal consultant, she has advised and lectured regional and national nonprofit organizations such as The Emory Clinic, Nature Abounds, the Georgia Independent School Association, the Cobb Community Foundation, the Small Museum Association, and the RETT Syndrome Association
- J.D. degree, Syracuse University College of Law; M.A. degree in public health, Emory University
Credit
More Program Information
Why Lorman?
Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- Live Webinars
- OnDemand Webinars
- MP3 Downloads
- Course Manuals
- Audio Recordings*
- Executive Reports
- White Papers and Articles
- Sponsored Live Webinars
Additional benefits include:
- State Specific Credit Tracker
- Members Only Newsletter
- All-Access Pass Course Concierge
* For audio recordings you only pay shipping
Questions? Call 877-296-2169 to speak with a real person.
Access to all training products for one year
$699/year
Unlimited Lorman Training
With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!
Easy Registrations
Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.
Invest in Yourself
You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.
