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CPE Self-Study
Not-for-Profit Certificate II - Tax Compliance
NASBA FIELD OF STUDY
Taxes
LEVEL
Intermediate
CPE CREDITS
Online: 8.5
This series of CPE courses is part of Not-for-Profit Certificate II. You will learn how to apply techniques to successfully prepare an exempt organization's IRS Form 990, identify when an organization may be liable for unrelated business income taxes and common exceptions and exclusions to reduce tax liability.

Not-for-Profit Section Members Save an Additional 20%

When you log into this website with your AICPA member user account, the section/credential discount will be automatically applied during checkout. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or service@aicpa.org.

Find out more information on the NFP Section.

CPE On-Demand
AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by our technicians.

A stable and continuous internet connection is required
In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your My Account after successfully completing the course and/or exam. Please contact us at 1.888.777.7077 or service@aicpa.org with any questions or concerns related to your CPE certificate(s).

Supported Operating Systems:

  • Macintosh OS X 10.10 to present
  • Windows 7 to present

Supported Browsers:

  • Apple Safari
  • Google Chrome
  • Microsoft Internet Explorer
  • Mozilla Firefox

Required Browser Plug-ins:

Note: Your course will be accessible immediately after completing your purchase. Access instructions will be shown on the Order Confirmation Screen and included in your Order Confirmation Email, or click My Account at the top of the page, select My Purchases and then My Online Learning tab.

Technical Support: Please contact service@aicpa.org or use the Contact Us Form.

Product details

Topics Discussed

  • IRS filing requirements, including Forms 990 and 990-T
  • Reporting thresholds
  • Reasonable cause abatement
  • Unrelated business income (UBIT), exceptions and exclusions
  • IRS audit activity
  • Public support test
  • Establishing and protecting tax exemption
  • Excess benefit transactions
  • Common red flags

Learning Objectives:

  • Identify the process to prepare the Form 990 core form and accompanying schedules.
  • Determine the effect of a particular transaction or significant event for Form 990 reporting.
  • Distinguish between organizational and operational requirements to maintain federal tax-exempt status.
  • Determine when an organization could be subject to unrelated business income taxes (UBIT) and differentiate between the more common exceptions and exclusions that apply.

This video-based CPE course is included in Not-for-Profit Certificate II. This track can be purchased individually or as a part of the full Certificate Program.

Learn from the experts with this video-based, on-demand e-learning experience. Set yourself apart and get the tools and strategies you need to sharpen your skills in not-for-profit (NFP) tax compliance. The program builds on the core concepts as you get insights from industry leaders.

You will learn how to apply techniques to successfully prepare an exempt organization’s IRS Form 990. Also discussed is how to identify when an organization may be liable for unrelated business income taxes (UBIT) and the most commonly invoked exceptions and exclusions to reduce tax liability.

This CPE program contains e-learning exercises, targeted case studies, and detail-rich interpretations to create a flexible, dynamic learning experience you can complete online in your own time.

The Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act (TCJA, H.R. 1) signed into law on December 22, 2017 took effect for the 2018 tax year and included some changes for NFPs. The tax courses included in the Not-for-Profit Certificates will be fully updated for the amendments of the TCJA at a future date. In the meantime, to assist you in understanding the requirements of the TCJA, we’ve added the following:

  • Supplementary information regarding the TCJA changes, which you can access via the course resources link within each tax course.
  • A recorded webcast presentation discussing the TCJA changes and how they affect NFPs. This additional course is not eligible for CPE credit, and you do not have to complete it to complete the certificate program.

Courses Included

Ratings and reviews
Author(s)

Brian Yacker, CPA/JD

Huntington Beach, CA

Brian has over 22 years of tax, legal, and accounting experience in the exempt organizations area. Areas of exempt organization consultation which Brian possesses expertise include public support test calculations and planning, preparation of reasonable compensation rebuttable presumption binders and Reasonable Compensation Studies, governance best practices consultation, recommendations regarding effective Bylaws, conducting of EO Governance Check-Ups, compliance with the §501(h) lobbying safe harbor, proper functional expense allocations, maximizing charity watchdog ratings, preparation of federal and state Tax Exemption Applications, conducting of unrelated business income revenue stream studies, preparing state charitable solicitation registrations and the proper internal and external reporting of special event fundraisers.

Brian is currently an adjunct professor for the University of California Irvine, teaching the Nonprofit Accounting course in the Master of Professional Accountancy program. Additionally, Brian serves on the Board of Directors for the Long Beach Nonprofit Partnership (for which he is the Treasurer). Finally, Brian serves on the AICPA EO Tax Technical Resource Panel and the AICPA Nonprofit Advisory Committee.

Brian earned his Bachelors degree in Finance/Marketing from the University of Virginia and his Juris Doctor from the Indiana University School of Law (Bloomington). Personal interests include hiking and camping, sports memorabilia collecting, playing fantasy sports, Asian cooking, and spending time with his wife, two daughters and son.

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.

NFP Certificates
Price:
$329.00
Member Quantity:
Nonmember Quantity:
Quantity:
Estimated total:
$329.00
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CREDIT INFO
CPE credits
Online
: 8.5
NASBA Field of Study
Taxes
Level
Intermediate
Prerequisites
Experience working in or with the not-for profit industry
ADVANCE PREPARATION
None
Delivery Method
QAS Self-Study
Course acronym
NFP2-TAX
GROUP PRICING
Contact a representative for group pricing.
Telephone: 800.634.6780 (Option 1)
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