Not-for-Profit Organizations: Tax Receipts for Donations WEBCAST
Overview
Nonprofit organizations need to provide their donors with tax receipt letters (written acknowledgment) to comply with IRS rules and help donors get their tax deductions. Preparing tax letters is a deceptively simple task with many tricky points. In this webinar, we’ll talk about the elements that should go into each type of tax letter, the mechanics of quid pro quo contributions, how to determine donor benefits, and how donor-advised funds fit in. This training will be valuable for nonprofit staff and tax professionals to know what to expect from their clients’ tax receipt letters.
Highlights
Tax compliance. Donor relations.
Prerequisites
None.
Designed For
CPAs and accounting professionals working in the not-for-profit industry.
Objectives
Identify the elements of a donation tax receipt (written acknowledgement). Determine the value of donor benefit. Recognize pure donations vs. quid pro quo contributions.
Preparation
None.
Notice
None.
Leader(s):
- Ann Freiermuth, California CPA Education Foundation
Non-Member Price $59.00
Member Price $49.00