IRS interest in Good Corporate Governance Practices  (IRS Form 990)

Kevin Moore, Hinshaw Law

IRS interest in Good Corporate Governance Practices  (IRS Form 990)

Although IRS Form 990 does not specifically require that a non-profit Board review the form before it is filed, Form 990 asks whether the organization has provided the form 990 to all board members before filing and whether the non-profit has a process for reviewing Form 990.  The form also asks about the existence of policies such as conflict of interests.  These questions demonstrate that the IRS has an interest in ensuring that non-profits are utilizing “good governance” practices. This article will discuss certain “good governance” practices for non-profit boards in reviewing Form 990 as well as other ways to best abide by IRS guidelines.

Date: TBD

Start Time:  

End Time:  

Track(s): Board

Featuring

Kevin Moore, Hinshaw & Culbertson LLP