The Instruction To Follow Is In The Browse Files. 0 Plagiarism, APA Format

Week 2 – Discussion Forum 1

The IRS Form 990 [WLO: 1] [CLOs: 1, 2, 3]

The IRS form 990 was designed to enhance transparency and promote tax compliance while minimizing the burden for the filing organization. In 300-400 words, describe the function of the 990. Reflect on at least one of the changes. Demonstrate how the 990 can be used to enhance transparency of a nonprofit organization.

Read instruction carefully before you start. Your initial post should be at least 300 words on discussion post and credibly supported by at least one brief cited and referenced current scholarly source no more than 7 years old. Use the recommended resource/ references provided Whenever you quote, paraphrase, or summarize another person’s work, you need to cite the source within your paper. It is not enough to just list the source in the References or Works Cited at the end of your paper. Failing to properly cite someone else’s words and ideas at the point they show up in your paper is plagiarism

Please strictly use the recommended resources or else it will not be accepted for grade

 

Required Resources

Text

Worth, M. J. (2021).  Nonprofit management: Principles and practices  (6th ed.). Sage Publications, Inc.

Article

IRS fact Sheets help nonprofits comply with laws. (2008, May). Nonprofit World, 26(3), 8. (ProQuest Document ID: 1489060001)

Websites

BoardSource. (2003, March 1).  The Sarbanes-Oxley Act and Implications for Nonprofit Organizations (Links to an external site.) . GuideStar. Retrieved from https://trust.guidestar.org/the-sarbanes-oxley-act-and-implications-for-nonprofit-organizations

Fritz, J. (2017, April 03).  How Is a Nonprofit Different From a For-Profit Business? Getting Beyond the Myths (Links to an external site.) . the balance. Retrieved from https://www.thebalance.com/how-is-a-nonprofit-different-from-for-profit-business-2502472

· This article provides a brief explanation of the differences between nonprofit and for-profit organizations.

GuideStar (Links to an external site.) . (n.d.). Retrieved from www.guidestar.org 

· This site provides an average user with a method to research the legitimacy of a nonprofit organization. Information about any registered charity will be listed, including their financial information in form of the IRS 990. This will help learners demonstrate knowledge of federal and state regulations governing nonprofit agencies and organizations.

IRS.Gov (n.d.).  Tax Information for Charities and Other Non-Profits (Links to an external site.) . Retrieved from https://www.irs.gov/charities-non-profits

· The IRS website provides tax information to nonprofits. This site will help learners demonstrate knowledge of federal and state regulations governing nonprofit agencies and organizations.

 

Recommended Resources

Article

Tsacoumis, S. (2008, May). What corporate lawyers need to know about new IRS Form 990. Insights; The Corporate & Securities Law Advisor, 22(5), 11-16. (ProQuest Document ID: 1499655801).

Multimedia

GuideStar. (2011, December 22).  Form 990 Tutorial – Full (Links to an external site.)  [Video File]. Retrieved from https://www.youtube.com/watch?v=cgrxDudlB8M

kuralay0505. (2009, May 8).  Steps for Nonprofit Accountability (Links to an external site.)  [Video File]. Retrieved from http://www.youtube.com/watch?v=Wn__L_8anMc

· This nine-minute video discusses key steps to ensure accountability in nonprofit organizations. These include: (1) Develop a Culture of Accountability and Transparency; (2) Adopt Code of Ethics; (3) Adopt a Conflict of Interest Policy; (4) Ensure that the Board of Directors Understands Financial Responsibilities; (5) Ensure the Accuracy of Form 990; (6) Conduct Independent Financial Reviews; (7) Be Transparent; and (8) Establish and Support a Policy on Reporting Suspected Misconduct or Malfeasance.

LaurenceScot. (2009, October 30).  Excerpt from 2009 990 Seminar (Links to an external site.)  [Video File]. Retrieved from http://www.youtube.com/watch?v=NMGgpRgrLX8

· This three-minute video highlights the major changes to the IRS form 990.

 

Do you need a similar assignment done for you from scratch? Order now!
Use Discount Code "Newclient" for a 15% Discount!