The Internal Revenue Service is offering workshops in Kearney and Lincoln to educate tax-exempt organizations about meeting their tax obligations and maintaining their tax-exempt status.
The IRS will hold one-day "Stay Exempt" 501(c)(3) workshops in two locations: May 22 in Lincoln and May 24 in Kearney.
The workshops are coordinated by the University of Nebraska – Lincoln, Tax Institute, and designed especially for administrators or volunteers who are responsible for a small or medium-sized organization's tax compliance.
The workshops are led by experienced IRS Exempt Organizations specialists and are approved for continuing education credits by practitioner licensing authorities in Nebraska.
The workshops will cover one of the most important ways to preserve an organization’s tax-exempt status, Form 990 series filing requirements. In the past two years nearly 3,000 Nebraska non-profits have lost their tax-exempt status for not filing an annual Form 990 series return.
This is one of the many reasons that the topics covered in this workshop are invaluable to a nonprofit organization, organizers say.
Other workshop topics include discussion of activities that can jeopardize 501(c)(3) status, unrelated business income, charitable gaming, employment issues and tips on recordkeeping and answers to frequently asked questions.
The workshops cost $45 per person and pre-registration is required.
For more information or to register, visit the University of Nebraska – Lincoln, Tax Institute website at http://online.unl.edu/501c3. You can also contact Virginia Uzendoski at firstname.lastname@example.org or call (402) 472-9334.
For information on these workshops and others events, visit the Charities and Non-profits page of the IRS website at www.irs.gov/eo and click the “Calendar of Events” link.