Not-for-Profit Accounting, Tax, and Reporting Requirements

This completely revised and expanded Third Edition of Essential Accounting, Tax, and Reporting Requirements for Not-for-Profit Organizations offers a comprehensive, up-to-date overview of key financial requirements. This step-by-step guide will help not-for-profits apply for tax-exempt status, handle IRS audits, set up a wholly owned taxable subsidiary, and anticipate tax implications of lobbying expenses. Complete with checklists, sample letters, and illustrative charts, this easy-to-understand reference is an important resource for every not-for-profit executive who deals with financial issues.