Topic: 50 Ways to Lose Your Exemption
Presented by: Catherine Pennington, CPA
Were you aware that a Non-Profit can actually lose their tax exemption? Had you ever thought how devastating this would be should it happen? You owe it to your Non-Profit or Non-Profit clients to be as educated on this topic as possible.
What you’ll learn:
The guiding principle of this session is that if you have a tax exemption, there is a way you can lose it. We’ll examine the specific requirements of common types of exempt status, requirements that need to be monitored or avoided. We’ll also look at several real-life examples of organizations that either lost their exemption of failed in the attempt to gain exempt status and what they might have done differently.
Who will Benefit?
The session will benefit CFO's and Executive Directors who present regularly to their Finance Committee and board, financial heads of staff at non-profits as well as auditors who make financial presentations to their non-profit clients
Future meeting dates:
08:00 AM - 09:30 AM
National Hospice & Palliative Care Organization 1731 King Street, Suite 100 Alexandria, VA 22314
There are free public parking spaces about two blocks away at The Durant Center and at Jefferson Houston School.
We suggest using Peyton Street to get to Cameron (Cameron is a one way street, so you can’t drive through the arch and make a right on Cameron, only a left). Come up Cameron and park at the Durant Center and then walk up to NHPCO through the back side of the arch/driveway.
There are free public parking spaces between the Durant Center and the public swimming pool and also behind Jefferson Houston Elementary School at 1501 Cameron Street.
Take either the Yellow Line or Blue Line to the King Street Metro Station.
Please feel free to contact Brian Wendroff, Non Profit Committee Chair for any questions, comments, or concerns.
Speaker Bio: Catherine Pennington, CPA
Ms. Pennington has worked with nonprofit organizations for most of her career. She has had a variety of experience including as an auditor with a Big Eight firm; controller for a developer; and business manager/controller for nonprofits and an outsourced CFO. She is on the Board of several nonprofit organizations including the Greater Washington Society of CPAs. Catherine has a bachelors from Georgetown University and an MBA from Marymount University.
click on the date(s) to add to your calendar: 05-17-18