Nonprofit Organizations Course

This seminar will benefit officers and members of all organizations and retailers who make sales to entities that have received a nonprofit designation (501C) from the IRS. It will also be helpful for tax preparers who work for these entities. Topics covered will include:

• Exempt status for federal income tax purposes vs. exempt status for Nebraska and local sales tax purposes;
• Sales and use tax consequences for purchases made by exempt entities and their members;
• Donations to exempt entities;
• Sales made by exempt organizations, including auctions; and
• Special events and fundraisers.
   

There will be time for attendees ask questions and get answers.

Course Materials

• PowerPoint (not available)
         [Printer-friendly, black and white version] 
   
• Nebraska Taxation of Nonprofit Organizations Information Guide
• Sales and Use Tax Guide for Governmental Entities
• Sales and Use Tax Responsibilities of Elementary Schools, Parent Booster Clubs, Parent-Teacher Associations, and Student Organiz
• Form 2, Business Nebraska and Local Use Tax Return
• Form 4, Nebraska Exemption Application for Sales and Use Tax
• Form 13, Nebraska Resale or Exempt Sale Certificate
• Form 20, Nebraska Tax Application
• Evaluation Form