Don Farmer's Tax-Exempt & International Forms- Self-Study

Overview

This intermediate-level course provides a focused review of federal reporting requirements for tax-exempt organizations and selected international information returns. Participants will examine key compliance components of Form 990, including governance disclosures and unrelated business income considerations, as well as commonly encountered international reporting forms such as Forms 5471, 8865, and 8938. The course emphasizes reporting mechanics, disclosure requirements, penalty exposure, and common filing errors. Practical examples highlight areas of heightened IRS scrutiny and documentation considerations.

Please note this event was originally recorded on 09/24/2026 and must be completed by 04/30/2027 for credit.

Highlights

Overview of tax-exempt and international information reporting framework

Form 990 reporting fundamentals

Unrelated business income (UBI) reporting considerations

Overview of selected international information returns

Filing thresholds, disclosure requirements, and penalty considerations

Common compliance risks and IRS examination focus areas

Prerequisites

Working knowledge of federal income taxation and familiarity with business entity tax reporting

Designed For

CPAs and tax professionals who prepare or review Form 990 filings or encounter international
information reporting requirements in client engagements and seek a practical review of reporting mechanics and compliance considerations.

Objectives

Identify key reporting components and disclosure requirements of Form 990
Distinguish unrelated business income reporting considerations
Recognize filing triggers and reporting requirements for selected international information returns
Analyze common compliance risks and penalty exposures associated with tax-exempt and international forms
Identify common preparation erros and documentation weaknesses