Overview
Given continued congressional scrutiny of whether tax exemption is a worthy federal subsidy for any type of tax-exempt organization, proper governance and accountability to the local community are key factors that may distinguish the tax-exempt sector from the taxable sector. The Internal Revenue Service, the press and others have linked the need for good governance to the quest for improved tax-exemption compliance. Much is made of the governance disclosure questions on the redesigned Form 990, annual return for tax-exempt organizations. This OnDemand Webinar will help you understand why Congress, the IRS and others insist on requiring that Section 501(c)(3) entities implement the best practices in corporate governance. Further, this program will assist those persons responsible for completing the governance portions of the Form 990. We will include tips for how to establish systems to collect the necessary information.
Authors
Michael N. Fine, McDermott Will & Emery LLP
Michael W. Peregrine, McDermott Will & Emery LLP
Self Study Credit - OnDemand Webinar
| CLE | 1.5 | AK, AZ, CA, HI, IL, MT, NC, ND, OR, PA, VA, VT, WI | |
| CLE | 1.57 | TN | |
| CLE | 1.6 | AL, MS | |
| CLE | 1.75 | WA | |
| CLE | 1.8 | MO, WV | |
| CLE | 2 | CO | |
Self Study Credit - CD & Reference Manual
| CLE | 1.5 | GA, HI, ND, NY, OR, UT | |
| CLE | 1.8 | MO | |
| CLE | 2 | CO | |
Self Study Credit - Podcast
| CLE | 1.5 | AK, CA, ME, MT, ND, NV | |
| CLE | 1.8 | MO, WV | |
Agenda
Spotlight on Tax-Exempt Organizations
- Congressional Scrutiny and Reform Initiatives
- IRS Scrutiny and Reform Initiatives
- Exempt Organization Sector Reform Initiatives
- State Law Initiatives
- Health Reform Impact
- Media Scrutiny
IRS Governance Guidelines for Tax-Exempt Organizations
- IRS Guidelines From 2007 and 2008; Life Cycle Documents
- EO Commissioner Speeches
- IRS Governance Training Materials (2009)
The New Form 990 and Governance
- Part VI of the Form - Governance, Management and Disclosure
- Other Parts and Schedules With Governance Implications
- IRS's Frequently Asked Questions on Governance
- Exempt Organizations Workplan for Fiscal Year 2009
- IRS Strategic Plan, Fiscal Years 2009 to 2013
Recent Events
