Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

Credit for New UCLA Extension Class: Nonprofit Organizations: Compliance and Governance

September 22nd, 2015 · No Comments · California Exempt Status, Federal Income Taxes, Form 990, Governance, Loss of Tax-Exempt Staus, nonprofit checklist, policies and procedures, state compliance, tax exemption

UCLA Extension can offer students of this class with credit as follows:

● CPAs will receive attendees36 hours of CPE credit
● Attorneys will receive 34 hours of MCLE credit, including 1 hour of Ethics
● Class credit towards a UCLA Extension certificate in accounting
● Class credit towards a UCLA Extension certificate in tax.

Designed for CPAs, attorney’s, Enrolled Agents, tax managers, controllers,
directors, trustees, financial planners, and executive directors, this course
presents tax-related compliance guidelines and key legal issues for nonprofit
Topics covered include a step-by-step process for corporate formation and
application for recognition of tax-exempt status, including the new streamlined
application (Form 1023-EZ), unrelated business income, taxation of
commercial activities conducted through joint ventures and subsidiaries, and
federal income tax issues concerning the prohibition on private inurement
and private benefit.
Learn a systematic approach to evaluating compliance with federal tax
requirements and state nonprofit laws, including the Nonprofit Integrity Act of
2004 and the Pension Protection Act of 2006, as well as understanding and
troubleshooting the revised Form 990.
The course also covers the support tests for public charities and private
foundation excise tax rules, property tax exemptions, sales taxes and issues
unique to schools and churches. It also introduces how nonprofits can
navigate the IRS’s increased focus on governance, both with respect to
required policies and procedures


For a flyer describing the class, please see the following link.

For more information and to register see the following link.


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