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CPE Self-Study

Federal and State Filing Requirements: Not-for-Profit Tax Compliance

  • $29.00-$39.00
    Federal and State Filing Requirements: Not-for-Profit Tax Compliance Availability : Online Access Product #: 165145
    AICPA Member: $29.00
    Non-Member: $39.00
  • Contact Sales
    Contact a representative for group pricing. 800.634.6780 (Option 1) | Contact Us Product #: GT-NFP-TAX5

This CPE course is included in the 40-hour Not-for-Profit Certificate Program. It can also be purchased individually or as a part of the Not-for-Profit Tax Compliance track.

Tax-exempt status is a matter of federal law, but the laws regarding the formation, structure and operations of a not-for-profit (NFP) entity exist at the state level. It is important to be aware, apprised and vigilant regarding the state and local laws in the jurisdiction in which an NFP operates, particularly as the requirements change from time to time. This CPE course provides an overview of the basic state and federal filing requirements for tax-exempt NFPs.

Topics Discussed:

  • Federal requirements
  • IRS Form 990 filing basics
  • State requirements
  • Sales taxes
  • Charitable registration
  • Unified registration statement (URS)
  • Charleston Principles

Learning Objectives:

When you complete this course, you will be able to:

  • Recognize the various federal and state filing requirements for NFPs.
  • Recall the filing requirements that apply to the Unified Registration Statement (URS).
  • Identify issues related to state sales tax exemptions.

Who Will Benefit?

  • CPAs, financial professionals and NFP board members who need an overview of federal and state filing requirements of not-for-profit entities.

Prerequisite: None

Advanced Preparation: None

System Requirements

About the Authors

MTAX and William E. Turco, CPA

McGladrey LLP

About the Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.