Analysis of irs requirements | Human Resource Management homework help

Analysis of IRS Requirements (70 Points)

While this assignment may not appear directly related to grant writing and fundraising, professionals in this area do need to understand what is included in the 990 and how it relates to the work they will do

This assignment will familiarize you with the importance of Internal Revenue Service (IRS) information requirements in the context of 501(c)(3) organizations. 501(c)(3) refers to tax-exempt status, which is critical to the success of a charitable nonprofit organization. Without this tax-exempt status, the organization would be unable to accept tax-deductible donations.

Locate IRS Publication 557: Tax Exempt Status for Your Organization at http://www.irs.gov/uac/Publication-557,-Tax-Exempt-Status-for-Your-Organization-1
[NOTE: Retain this IRS Publication 557 for future assignments.]

Read Chapter 2: Filing Requirements and Required Disclosures.

In a 2-3 page paper using APA/ CSU-Global guidelines, explain why it is important for a 501(c)(3) human-services organization to file annual information returns with the IRS. In your explanation address the function of these documents. Describe the possible implications of failing to adhere to these IRS requirements.

Please address the following questions.

  • Explain the purpose of Form 990. Summarize why it is an important document for a 501(c)(3).
  • Interpret what is meant by a “public Inspection of annual information returns.”
  • Identify the possible penalties for a 501(c)(3) failing to comply with the above items.
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more