For tax exempt organizations it is not about calculating income tax. It is about showing to the IRS at inception and annually that the organization is entitled to be classified as a tax exempt organization because of its purpose, management, and activities. Exempt organizations have unique tax rules and special forms. The IRS is especially sensitive to abuses of exempt status. From fundamentals needed to obtain exemption, to stay out of trouble, and to prepare of the Forms 990, this program teaches what the informed CPA in public practice and inside a tax exempt organization must know.