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

Kevin Moore, Hinshaw & Culbertson LLP

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 session 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: Tuesday, March 1

Start Time:  12:30 pm

End Time:  1:15 pm

Track(s): Board


Kevin Moore is a business lawyer in the Minneapolis office who focuses his practice primarily in the areas of federal, state and local taxation, including structuring tax planning opportunities for the firm’s clients. Mr. Moore serves corporate, partnership, LLC, non profit groups, as well as individual clients. Mr. Moore assists clients in achieving estate planning objectives. In addition, Mr. Moore supports business litigation matters with damage calculations and analysis.

Prior to joining Hinshaw & Culbertson LLP in May 1997, Mr. Moore was Financial Analyst with a Minneapolis law firm, and began his career as a Senior Tax Accountant with a Minneapolis accounting firm.  Kevin is also an active Certified Public Accountant.