Agenda

Registration:                    8:00 – 8:30 am

Morning Session:             8:30 – 11:45 am

Lunch (On your own):       11:45 am – 12:45 pm

Afternoon Session:           12:45 – 4:30 pm

Reporting Requirements for Exempt Organizations:
Basic Concepts and Issues

   Types of exempt organizations
   Obtaining and retaining exempt status
   Federal reporting requirements and forms
   Accounting methods and periods
   Public nature of Form 990

General Requirements for Completing the Return

   Heading, summary and statements
   Checklist of required schedules
   Governance, management and disclosure
   Compensation of officers, directors, employees and others
   Revenue and expenses
   Balance sheet and financial statements

Completing Selected Form 990 Schedules

   Schedule A: Public Charity Status
   Schedule G: Fundraising or Gaming Activities
   Schedule I: Grants and Other Assistance
   Schedule M: Noncash Contributions
   Schedule R: Related Organizations and Unrelated Partnerships

Focus on Selected Issues

   Public support test
   Unrelated business income
   Board independence
   Fundraising
   Diversion of assets
   Compensation
   Investments
   Transactions with related parties /interested persons

Review of Sample Completed Form 990s

Credits

Accountants
     8.0 CPE Hours

Attorneys
     7.0 General CLE Hours

Certified Financial Planners
     8.0 CE Hours

IRS Enrolled Agents and
Return Preparers
     8.0 CE Hours

Continuing Education Credit Information

This seminar is open to the public and offers 8.0 CPE credit hours to North Carolina certified public accountants. The North Carolina State Board of Certified Public Accountant Examiners does not register CPE sponsors and does not approve specific CPE courses. Sponsors of CPE programs that are listed in good standing on the National Registry of CPE Sponsors maintained by the National Association of State Boards of Accountancy (NASBA) shall be considered by the Board as compliant with the CPE requirements of 21 NCAC 08G .0403(c).

HalfMoon Education is registered with the NASBA as a sponsor of continuing professional education on the National Registry of CPE Sponsors (Sponsor No. 103015). This intermediate level course offers 8.0 CPE hours in the field of taxes. A basic understanding of taxes is recommended, and no advanced preparation is necessary. State boardsof accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

The North Carolina Board of Continuing Legal Education has approved this program for 7.0 general CLE hours for North Carolina attorneys.

HalfMoon Education is a CFP Board-registered continuing education sponsor. The Certified Financial Planner Board of Standards, Inc. has granted 8.0 hours of continuing education credit for the completion of this seminar.

This program qualifies for 8.0 hours of continuing education credit for enrolled agents and return preparers under Treasury Department Circular #230 Section 10.6(g).

Attendance will be monitored, and attendance certificates will be available after the seminar for most individuals who complete the entire event. Attendance certificates not available at the seminar will be mailed to participants within fifteen business days.

Speakers

Jordan Frazier

Gilliam Coble & Moser, LLP

Staff Accountant with Gilliam Coble & Moser, LLPA member of Gilliam Coble & Moser’s tax team, Ms. Frazier prepares tax returns for non-profits, corporate entities, partnerships, and individuals. She began her career with Gilliam Coble & Moser in September of 2014. Ms. Frazier is from Burlington, North Carolina, and she works out of GCM’s Burlington office.

Anthony Pandiscia

Langdon & Company, LLP

Partner, Langdon & Company, LLPMr. Pandiscia is the Tax Partner in Charge at Langdon & Company LLP. A Certified Public Accountant and attorney, he has over 18 years of experience in the tax and business consulting area. He consults regularly with exempt organizations on matters related to recognition and preservation of tax status, Unrelated Business Tax, executive compensation, and internal policy matters. He has also worked extensively with closely-held businesses and their owners on tax and business planning matters, mergers and acquisitions, and various dispute resolution matters. His expertise is well-valued by our client Boards of Directors and executives, including industries such as healthcare, real estate, research & development, manufacturing, and professional services. He is a frequent seminar instructor for the North Carolina Association of CPA’s, and Not-for-Profit Annual Meeting, local trade groups and various other Continuing Education presentations and regularly is called upon by litigation counsel to provide expert witness testimony. Born and raised in the Northeast, he previously enjoyed success with Ernst & Young and Arthur Andersen as well as served as a Director for a regional CPA firm in theNew York tri-state area until relocating with his wife, 2 children and extended family to Cary, North Carolina in 2006. He is currently a member of the AICPA, NCACPA organizations, and ABA-Real Property Trust & Estate Section, Greater Raleigh Chamber of Commerce and is actively involved in coaching youth athletics in Morrisville & Cary.

Lindsay Tippett

Gilliam Coble & Moser, LLP

Staff Accountant with Gilliam Coble & Moser, LLPA member of Gilliam Coble & Moser’s tax team, Ms. Tippett prepares tax returns for non-profits, corporate entities, partnerships, and individual clients. She began her career with Gilliam Coble & Moser in 2016 after attending N.C. State University where she received her master’s degree in Accounting. Ms. Tippett is from Middlesex, North Carolina, and she works out of GCM’s Greensboro office.

Kendall Tyson

Langdon & Company, LLPM

Langdon & Company, LLPMMs. Tyson is the tax manager of Langdon & Company, LLP. A Certified Public Accountant, she has over nine years of experience in tax, and has spent the majority of her career performing tax planning, reporting and special projects for closely-held businesses, including various doctor and dental practices in Wake, Durham, Alamance, and New Hanover Counties. She also has significant experience with not-for-profit tax reporting and multi-state tax filings. Prior to joining L&C, she served as a Tax Senior in the Raleigh office of McGladrey & Pullen, LLC. She obtained her undergraduate degree from Meredith College and received a Masters in Accounting from North Carolina State University. Ms. Tyson is a member of the American Institute of Certified Public Accountants and the North Carolina Association of Certified Public Accountants (NCACPA).

CD/Manual Price: $289.00

Currently, our self-study products DO NOT qualify for AIA, LACES, ASLA or CLARB credit.

HalfMoon will mail you these materials via USPS. Please allow 5 weeks from the date of purchase to receive your product. If the live seminar is in the future, please allow 5 weeks from the date of the live seminar.

The CD/Manual package includes an audio recording of a live seminar on CDs, along with a bound copy of the manual that was distributed at the seminar. The manual contains written materials prepared by the seminar speaker(s).

The CDs contain embedded number codes, which you are required to document and return to HalfMoon if you wish to obtain a certificate of completion for the program. The acceptance of self-administered continuing education activities vary widely between states and professions. Before undertaking any self-study effort, you should review the rules of your licensing/certifying entity.

HalfMoon Education guarantees its products. The self-study products are recorded from a live seminar and there are circumstances where an audio recording is not available. HalfMoon will contact you and issue a full refund if the product you ordered is not available. If you are not happy with a product you receive, you can return the product for a full refund. However, refunds will not be issued if completion certificates are requested.

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