Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

Entries Tagged as 'Form 990 Policies'

Governance 101: Providing Form 990 to Board Members

July 12th, 2012 · Comments Off on Governance 101: Providing Form 990 to Board Members · Form 990, Governance

Pop quiz on governance for nonprofits: Question 1.  Are each of your Board members provided with a copy of the final Form 990 before that form is filed with the IRS? Question 2.  What if the nonprofit notifies each of the Board members that the Form 990 is available on request.  Does this procedure accomplish […]

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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 […]

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New Useful Resource: Form 990 Policy Series Memoranda Now Available Online

May 17th, 2011 · Comments Off on New Useful Resource: Form 990 Policy Series Memoranda Now Available Online · Federal Income Taxes, Form 990, Governance

The Form 990 Policy Series Memoranda, developed to respond to governance questions in the new Form 990, are now available online!  They can be accessed, without charge, at the web site of Public Counsel, the nation’s largest pro bono law firm.  See http://www.publiccounsel.org/useful_materials?id=0025 or go to publiccounsel.org, click on Practice Areas, then Community Development, then […]

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