The IRS has released an interactive web-based training program for small and mid-sized exempt organizations: Stay Exempt – Tax Basics for 501(c)(3)s. It consists of five modules on tax compliance topics for exempt organizations:
- Tax-Exempt Status – How can you keep your 501(c)(3) exempt?
- Unrelated Business Income – Does your organization generate taxable income?
- Employment Issues – How should you treat your workers for tax purposes?
- Form 990 – Would you like to file an error-free return?
- Required Disclosures – To whom do you have to show your records?
The online workshop is free, does not require registration, and users remain anonymous.
