{"product_id":"not-for-profit-accounting-tax-and-reporting-requirements-isbn-9780470575383","title":"Not-for-Profit Accounting, Tax, and Reporting Requirements","description":"\u003cb\u003eWhat every not-for-profit must know about accounting, tax, and reporting requirements\u003c\/b\u003e  \u003cp\u003eCombining the proven guidance of the previous, bestselling edition with all of the latest regulatory information, Edward McMillan delivers a one-stop reporting resource for not-for-profits in \u003ci\u003eNot-For-Profit Accounting, Tax, and Reporting Requirements, Second Edition\u003c\/i\u003e.\u003c\/p\u003e \u003cp\u003eMcMillan's step-by-step guide helps your not-for-profit apply for tax-exempt status, handle IRS audits, set up a wholly owned taxable subsidiary, anticipate tax implications of lobbying expenses, and perform a host of other functions.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eAll-new coverage of the basics of complying to the new Form 990\u003c\/li\u003e \u003cli\u003eNew discussions on political action committees, new lobbying issues, grant accounting and complying with OMB Circular A-122 and Yellow Book accounting, fiduciary responsibilities of boards and staff, and much more\u003c\/li\u003e \u003cli\u003eContains dozens of checklists, sample letters, and illustrative charts demonstrating how to apply the principles and requirements described\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eA peerless reference for this dynamic field, \u003ci\u003eNot-for-Profit Accounting, Tax, and Reporting Requirements, Second Edition\u003c\/i\u003e gives your nonprofit a straightforward guide to simpler financial structure and reporting obligations.\u003c\/p\u003e  Acknowledgments.  \u003cp\u003ePreface.\u003c\/p\u003e \u003cp\u003eDisclaimer.\u003c\/p\u003e \u003cp\u003eChapter 1 Classification of Tax-Exempt Organizations.\u003c\/p\u003e \u003cp\u003eChapter 2 Financial Responsibilities of Not-for-Profit Board Members.\u003c\/p\u003e \u003cp\u003eChapter 3 The Basics of Form 990, Form 990-EZ, and Form N.\u003c\/p\u003e \u003cp\u003eChapter 4 Tax on Unrelated Business Income and Form 990-T.\u003c\/p\u003e \u003cp\u003eChapter 5 Other IRS Issues.\u003c\/p\u003e \u003cp\u003eChapter 6 Disclosure of Information.\u003c\/p\u003e \u003cp\u003eChapter 7 Conditions of Employment Agreement.\u003c\/p\u003e \u003cp\u003eChapter 8 Wholly Owned Taxable Subsidiaries.\u003c\/p\u003e \u003cp\u003eChapter 9 Internal Revenue Service Audits.\u003c\/p\u003e \u003cp\u003eChapter 10 Developing Strong Internal Controls and Documenting a Fraud Action Plan.\u003c\/p\u003e \u003cp\u003eChapter 11 Using CPA Firms and Understanding Their Functions.\u003c\/p\u003e \u003cp\u003eChapter 12 Grant Accounting and Auditing.\u003c\/p\u003e \u003cp\u003eChapter 13 Implications of Lobbying Expenditures.\u003c\/p\u003e \u003cp\u003eChapter 14 Campaign Contributions, PACs, and 527s.\u003c\/p\u003e \u003cp\u003eChapter 15 Internal Audit Committees.\u003c\/p\u003e \u003cp\u003eChapter 16 The Accounting Policies and Procedures Manual.\u003c\/p\u003e \u003cp\u003eChapter 17 Restricted-Fund Transactions.\u003c\/p\u003e \u003cp\u003eChapter 18 The Basics of Intermediate Sanctions.\u003c\/p\u003e \u003cp\u003eChapter 19 The Basics of Not-for-Profit Accounting and Financial Statements.\u003c\/p\u003e \u003cp\u003eChapter 20 Private Foundations.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendixes.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAppendix A. Statement of Financial Accounting Standards #117: Financial Statements of Not-for-Profit Organizations.\u003c\/p\u003e \u003cp\u003eAppendix B. Statement of Financial Accounting Standards #116: Accounting for Contributions Received and Contributions Made.\u003c\/p\u003e \u003cp\u003eAppendix C. Statement of Financial Accounting Standards #124: Accounting for Certain Investments Held by Not-for-Profit Organizations.\u003c\/p\u003e \u003cp\u003eAppendix D. Statement of Financial Accounting Standards #136: Transfer of Assets to a Not-for-Profit Organization or Charitable Trust that Raises or Holds Contributions for Others.\u003c\/p\u003e \u003cp\u003eGlossary.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e \u003cb\u003eEDWARD McMILLAN\u003c\/b\u003e is a Certified Public Accountant and Certified Association Executive, and a nationally recognized speaker on not-for-profit financial and management topics since 1992 for the United States Chamber of Commerce, the American Society of Association Executives, the American Institute of Certified Public Accountants, the American Chamber of Commerce Executives, and Destination Marketing Association International. He is also the author of \u003ci\u003eNot-for-Profit Budgeting and Financial Management\u003c\/i\u003e, \u003ci\u003eFourth Edition\u003c\/i\u003e and \u003ci\u003eModel Policies and Procedures for Not-for-Profit Organizations\u003c\/i\u003e, \u003ci\u003eFourth Editi\u003c\/i\u003eon both published by Wiley. His articles have appeared in publications including \u003ci\u003eAssociation Management\u003c\/i\u003e, \u003ci\u003eLeadership\u003c\/i\u003e, and \u003ci\u003eDollars and Cents\u003c\/i\u003e.  \u003cb\u003eEverything your nonprofit needs to know about accounting, tax, and reporting requirements\u003c\/b\u003e  \u003cp\u003eAs every organization ultimately discovers, not-for-profit status does not simplify but rather seems to complicate financial structure and reporting obligations. These challenges, however, can be well met. Now in a \u003ci\u003eFourth Edition\u003c\/i\u003e, \u003ci\u003eNot-for-Profit Accounting, Tax, and Reporting Requirements\u003c\/i\u003e offers not-for-profit managers, bookkeepers, and volunteers, as well as auditing CPA firms, a peerless reference for this dynamic field.\u003c\/p\u003e \u003cp\u003eFilled with dozens of checklists, sample letters, and illustrative charts demonstrating how to apply the principles and requirements described in practice, this step-by-step guide helps not-for-profits apply for tax-exempt status, handle IRS audits, set up a wholly owned taxable subsidiary, anticipate tax implications of lobbying expenses, and perform a host of other functions.\u003c\/p\u003e \u003cp\u003eCompletely revised and expanded, the \u003ci\u003eFourth Edition\u003c\/i\u003e features new coverage on:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eThe basics of complying to the new Form 990\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003ePolitical action committees\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eNew lobbying issues\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eGrant accounting\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eComplying with OMB Circular A-122\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eYellow Book accounting\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eFiduciary responsibilities of boards and staff\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eAnd much more!\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe accounting principles, tax issues, reporting requirements, and general work environment for not-for-profit organizations are remarkably different from those affecting commercial organizations. As a result, the task of keeping up with current financial and disclosure requirements, already daunting, can become even more so. Providing the latest regulatory information, Edward McMillan delivers a one-stop reporting resource for not-for-profits in \u003ci\u003eNot-for-Profit Accounting, Tax, and Reporting Requirements, Fourth Edition\u003c\/i\u003e.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989699412197,"sku":"NP9780470575383","price":76.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470575383.jpg?v=1761785153","url":"https:\/\/k12savings.com\/es\/products\/not-for-profit-accounting-tax-and-reporting-requirements-isbn-9780470575383","provider":"K12savings","version":"1.0","type":"link"}