CPE Course Library

2 hours

Form a Nonprofit and Obtain IRS Approval

Course Description

Creating a nonprofit organization that meets the strict IRS guidelines is a challenging task. This course focuses on the major issues that must be resolved by the organization and provides insight into the successful preparation of the IRS application for tax- exempt status.

Topics Covered:

  • Establishing a board of directors that meets governmental requirements
  • Formation of organizational bylaws
  • Forms of business organization for a nonprofit organization
  • Preparing IRS Forms 1023 and 1024 — applications for tax-exempt status
  • Tax and governance issues discussed in depth

Learning Objectives:

  • Identify the steps for the formation of a successful organization
  • Discover tips for preparing a complete IRS Form 1023 or 1024

Delivery Method: Self Study
Field of Study: Other Federal Tax
Prerequisites: None
Advance Preparation: None
Program Level: Basic
Expiration: In accordance with NASBA standards, access to this course will terminate one year from the date of purchase. Incomplete courses will no longer be accessible beyond the one year deadline.

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