Making the 990EZ Easy
How to Fill Out IRS Form 990 Line by Line
Are you responsible for the financials of a small nonprofit?
If so, you need to file an annual report with the IRS.
This course steps you through:
- the types of IRS Form 990s
- helps you understand which one you need to file and when
- explains where different types of income should be shown in the Revenues section of IRS Form 990EZ
- which line item different expense belong in
- how to calculate your Net Assets
- how to determine which Programs are required to be detailed,
- understanding which officers, directors, and key employees must be listed
- how to answer the Other Information questions
- computing your public support % and filling out Schedule A
- filling out Schedule B List of Contributors.
But I don't know anything about accounting or tax returns!
Don't worry. CPAs Lisa London and Nancy Holden give you tons of examples and leave off the jargon so you can understand what to do even if you know nothing about accounting. Not only will you save money from having to hire an accountant, you'll know what is required for next year so you can save time for next year's returns!
How do I know if I need to file Form 990EZ?
Not sure if you need to file the 990EZ, scroll down to the Curriculum area and watch the Types of 990s and Filing Requirements video. This will also introduce you to the instructors to see if you like their teaching style.
I have crazy hours. How can I sit in a class?
The lectures are pre-recorded, so you can work when it's convenient for you. Individual sections of the tax form or topics are recorded in short lecture and you have lifetime access. Use the class as reference whenever you need.
What if I have questions or don't understand something?
Each class also has an area to ask questions and share ideas with your instructors and fellow students. Questions will be answered as quickly as possible. Just remember not to put any confidential information in the questions area.
If you are required to file the the 990EZ, enroll in the class now. Look forward to seeing you!
Lisa has been helping small businesses, nonprofits, and churches understand and simplify their accounting needs for over 3 decades. She decided to use her varied experience from Fortune 500 level companies to small churches to develop resources that translate accounting into English. The Accountant Beside You books and classes are being used by over 45,000 people and organizations worldwide. She can be reached at AccountantBesideYou.com
Nancy has a Masters Degree from the University of Central Florida and 14 years of Public Accounting experience, including audits and 990s for NPOs, along with small business and individual accounting and tax returns. She has years of experience with QuickBooks desktop and is QuickBooks Online certified. She is a member of NCACPA and AICPA. She can be reached at [email protected]
Nancy Holden, CPA
Frequently Asked Questions
Filing your 990EZ on time and accurately shows your donors they can trust you with their gifts. Let the Accountants Beside You help.