Nonprofit Section Meeting: Form 990: Schedule A
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(Check-In 8:00am)
Virtual
1.00 Credits
Member Price $0.00
Overview
Participants should gain a general understanding of Schedule A and how it applies to various types of charitable organizations. The support calculations for the two most common types of charities will be explained with examples. Questions from participants will be welcomed.
The session will start with virtual networking via breakout rooms from 8-8:30am and the session will run from 8:30-9:30am.
Prerequisites
None
Preparation
None
Leader(s):
Leader Bios
Michael Sorrells, Owner, EO Tax Services LLC
Mike recently retired from RSM US where he served as a Tax Senior Director. Prior to that, he was National Director of Nonprofit Tax Services for BDO USA for more that 15 years. He has provided tax consulting services to a wide spectrum of tax-exempt organizations including colleges and universities, hospitals, national & international charities, trade associations, & private foundations. He currently is providing tax compliance and consultation through EO Tax Services LLC. Mike’s expertise and experience include:Federal and state compliance for nonprofits;Large, complex multi-entity organizations including related corporations, partnerships and PACs, Analysis, planning and calculation of unrelated business income including income from advertising, Debt-financed property and alternative investments, Lobbying and political activity, IRS examinations, Exemption applications, reinstatements and exempt status issues, State and local tax consultation and compliance.
Mike frequently writes and speaks on a variety of issues affecting tax-exempt organizations. He has been a regular presenter at nonprofit industry conferences such as the American Institute of Certified Public Accountants (AICPA) National Nonprofit Industry Conference, the Greater Washington Society of Certified Public Accountants (GWSCPA) Nonprofit Symposium, the Higher Education Tax Institute, the Washington Nonprofit Tax Institute, and many state CPA society meetings.
Professional affiliations and credentials: Certified public accountant, Maryland and Virginia, GWSCPA, past president, nonprofit section member and emeritus board member, AICPA, former national council member
Education: Bachelor of Arts, history/government and politics, University of Maryland.
Member Price $0.00