Top 10 Form 990 Audit Triggers No One Told You About скачать в хорошем качестве

Top 10 Form 990 Audit Triggers No One Told You About

Timely and accurate filing of Form 990 is essential to the ongoing success of your nonprofit. We often run into the false notion that since it is a nonprofit filing the return, that the IRS really doesn’t pay that much attention to what’s reported. They DO pay attention! In fact, Form 990 can be the very thing that generates an audit of your organization. 📚 ADDITIONAL RESOURCES: •ARTICLE: "Top 10 Form 990 Audit Triggers No One Told You About" https://bit.ly/3hY8iqH •ARTICLE: “What is IRS Form 990?” https://bit.ly/3IsyQvX •ARTICLE: “Understanding the IRS Form 990” https://bit.ly/3LUR2QI •ARTICLE: “Mixing Business and Charity" https://bit.ly/35DGcOT 📱 Check out our video on 5 Best Practices to Ensure Smooth IRS Form 990 Preparation at    • 5 Best Practices to Ensure Smooth IRS Form...   🏆 YOUR NEXT STEP: •Fill out this form for a FREE consultation on how to start a nonprofit: https://bit.ly/3Tu9nYE •Register for Fundraising TV: https://www.501c3.org/fundraising-tv/ •Download the FREE eBook “10 Things You Need to Know Before Starting a Nonprofit” https://bit.ly/3XhFag0 0:00 Introduction 1:31 Audit Trigger #1 - Failure to File a Complete Return 2:27 Audit Trigger #2 - Acknowledging a "Diversion" of Assets 3:33 Audit Trigger #3 - Acknowledging Prohibited Political Activity 4:11 Audit Trigger #4 - Unrelated Business Income 5:04 Audit Trigger #5 - Acknowledging Excess Benefit Transactions with Disqualified Persons 6:13 Audit Trigger #6 - Unreasonable Compensation 7:20 Audit Trigger #7 - Foreign Grant Activity 8:08 Audit Trigger #8 - Fundraising Income and Expense Discrepancies 9:08 Audit Trigger #9 - Non-Employee Services, But No 1099-NEC 10:02 Audit Trigger #10 - Loans to Disqualified Persons 11:24 The Good News 11:47 Conclusion