Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

Entries Tagged as 'Form 990'

Form 990 and Unrelated Business Income

March 26th, 2019 · Comments Off on Form 990 and Unrelated Business Income · Form 990, unrelated business income

On Wednesday, May 15, 2019, I will be presenting a national teleconference, “Form 990 and Unrelated Business Income” for Lorman Education Services: 1:00 PM – 2:30 PM EST.  This teleconference will cover the following topics: Form 990 Procedural Matters ●Determining Which Form to File●Due Dates and Automatic Extension Parts of Form 990●Overview of Parts of […]

[Read more →]

Tags:············

Public Charities, Schedule B and California Attorney General

July 16th, 2015 · Comments Off on Public Charities, Schedule B and California Attorney General · California Attorney General, California nonprofit law, Registry of Charitable Trust, state compliance

To maintain registered status with the California Attorney General/Registry of Charitable Trusts, nonprofit organizations must file an annual report with that office. Charities also must include a copy of the tax return filed with the IRS. Schedule B is an attachment to Form 990. A nonprofit identifies on Schedule B the names of its major […]

[Read more →]

Tags:···

New IRS Form 8940 for Miscellaneous Determination Requests

August 21st, 2011 · Comments Off on New IRS Form 8940 for Miscellaneous Determination Requests · Form 990, Loss of Tax-Exempt Staus, Private foundations

The IRS has released a new form that tax-exempt organizations will use to request determinations (other than initial exemption applications) about their tax-exempt status. In addition to foundation status issues, organizations will use Form 8940, Request for Miscellaneous Determination, to obtain advance approval of certain activities and exemption from Form 990 filing requirements. The simple […]

[Read more →]

Tags:···

IRS FAQs on Governance – Form 990, Part VI

July 15th, 2011 · Comments Off on IRS FAQs on Governance – Form 990, Part VI · Form 990, Governance

The IRS updated their Frequently Asked Questions and Tips (August 3, 2012) regarding Form 990, Part VI – Governance, Management and Disclosure.  Some of the FAQs have earlier posting dates.  The following are some of the questions included: Are all organizations required to complete Part VI and answer all of its questions regarding an organization’s […]

[Read more →]

Tags:··