The 2nd sequencing step in preparing a Form 990 is identifying "current" Trustees-Directors and Officers as well as POTENTIAL Key Employees and, finally, current High 5's and "formers". To do this, and to complete the relevant Core Form and Schedule J Parts that result, one must know what is "reportable compensation," applicable compensation exceptions, and the specific thresholds for Key Employees, High 5's, and "formers." The 990 discloses both all Trustees-Directors, Officers and Key Employees (a/k/a "TDOKEs") and High 5s and reports ALL amounts of "reportable" and "other" compensation provided to them by the filer and related organizations. If all of that seems exhausting, take heart!
Eve Borenstein, who has been long-referenced (including by Congress) as "the Queen of the 990" for her understanding of and ability to explain the 2008-and-forward complexities of the 990, particularly with respect to Part VII reporting, here provides her extensive materials and practical tips on ALL of the relevant definitions, exceptions, and reporting demands for both Part VII-A of the Core Form and the Schedule J's Part II.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Intermediate
This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by CPA Crossings.
