Webinar: 501(c)(12) Tax & Audit Essentials

501(c)(12) organizations face unique tax and financial reporting requirements that can be easy to overlook, particularly as staff changes or new sources of revenue are introduced.

Join Squire Tax Partner Mike Torgerson and Audit Partner Paul Winward for a practical discussion of key tax and audit considerations for 501(c)(12) organizations, including mutual ditch and irrigation companies. The session will cover filing requirements and deadlines, the 85% Member Income Test, how grants and other non-member income can affect tax-exempt status, and best practices for preparing for an audit.

During this webinar, you’ll learn how to:

• Understand the 85% Member Income Test and how member and non-member income can affect tax-exempt status and filing requirements.
• Identify key tax deadlines, deductions and planning considerations, including considerations when grants or other non-member income increase.
• Prepare for an audit by understanding common issues, documentation needs and financial reporting best practices.

A recording of the webinar will be made available to all registered attendees following the event.

Click here to register.