Mastering Nonprofit Tax Compliance: Reporting, Governance & Risk Management

May 06, 2025
60 Mins
Nicholas Preusch
IRS CPE Credits: 1 Tax hour
$179.00
$249.00
$249.00
$299.00
$249.00
$199.00
$249.00
$199.00
$179.00
$249.00
$249.00
$199.00
May 06, 2025
60 Mins
Nicholas Preusch
IRS CPE Credits: 1 Tax hour
$179.00
$249.00
$249.00
$299.00
$249.00
$199.00
$249.00
$199.00
$179.00
$249.00
$249.00
$199.00

Nonprofit organizations operate under unique tax rules and compliance obligations that require careful navigation to maintain their tax-exempt status. This comprehensive webinar, led by tax attorney and CPA Nick Preusch, provides an in-depth look at the federal and state regulations that govern nonprofit tax compliance. Participants will explore critical aspects of IRS Form 990 reporting, tax-exempt status maintenance, unrelated business income tax (UBIT), governance best practices, and common compliance pitfalls that could jeopardize tax-exempt status.

This session is designed for nonprofit executives, accountants, board members, and compliance officers who want to ensure their organizations adhere to tax laws while maximizing their tax-exempt benefits.

Webinar Objectives

By the end of this webinar, participants will be able to:

  • Identify the key tax compliance requirements for nonprofit organizations.
  • Understand the implications of unrelated business income tax (UBIT) and strategies to mitigate associated risks.
  • Navigate essential IRS filings, including IRS Form 990.
  • Address state tax obligations, including sales and property tax considerations.
  • Implement best practices for governance and compliance to safeguard tax-exempt status.
Webinar Agenda
  • Introduction to Nonprofit Tax Compliance
    • Overview of federal and state regulatory requirements
    • Importance of tax-exempt status and compliance pitfalls
  • IRS Form 990 and Essential Filings
    • Key components and common errors
    • Reporting requirements and public disclosure
  • Unrelated Business Income Tax (UBIT) Explained
    • Defining UBIT and identifying taxable activities
    • Strategies to minimize tax liabilities
  • State Tax Obligations
    • Understanding nonprofit sales tax exemptions
    • Property tax considerations and compliance strategies
  • Governance Best Practices for Compliance
    • Internal policies to maintain tax-exempt status
    • Risk management and financial oversight
  • Q&A Session
    • Addressing participant questions and real-world scenarios
Webinar Highlights
  • Led by industry expert Nick Preusch, CPA, JD, LLM, MSA, with extensive experience in nonprofit tax law.
  • Practical insights into compliance strategies and best practices.
  • Clear explanations of IRS Form 990 reporting and UBIT rules.
  • Guidance on navigating state tax obligations for nonprofits.
  • Interactive Q&A session to address specific participant concerns.
Who Should Attend
  • Accountants
  • Tax Preparers
  • EA’s
  • CFOs / CEOs
  • Financial Compliance Professionals
  • Tax Attorneys
Credit(s)
IRS CPE Credits: 1 Tax hour

Event Registration

$179.00
$249.00
$249.00
$299.00
$249.00
$199.00
$249.00
$199.00
$179.00
$249.00
$249.00
$199.00
Nicholas Preusch

Nicholas Preusch

Nick Preusch’s primary focus is performing tax services for high wealth individuals and mid-to-large business entities. Nick’s responsibilities include tax research related to complex business transactions and tax return preparation and review. He also works closely with businesses and individuals to find tax efficiencies through ever-changing tax legislation. He was also an Internal Revenue Service (IRS) attorney at the IRS National Office in Washington, DC, where he was the lead attorney for several significant tax ethics cases. Nick co-authored Tax Preparer Penalties and Circular 230 Enforcement, a textbook published by Thomson Reuters. He has also been published in the...
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