Written by: Jessica Cooper Not-For-Profit Treatment It is obvious through the redesign of the Form 990 that the IRS is concerned about the involvement of nonprofit entities in organizational structures and the transactions going on within those structures. Schedule R is where related organizations and …
Written by: Nancy Morton Opportunities and Obstacles There are multiple opportunities and obstacles facing affordable housing projects during their life span. One of the more complex decisions is to determine how and when to exit the project. There are several items …
Written by: Jeff Lathrop Getting Ready for the Annual Audit The annual audit of your property’s financial statements is a chore few people relish. The journey and the outcome of the audit are dependent on your preparation. The following are some …
Written by: Ryan Strutz As many Mark to Market (M2M) project owners know by now, their projects are required go through many more painful levels of review than any other HUD project. M2M projects are required to first have an annual …
December 16, 2011 The IRS has notified tax-exempt organizations that the Modernized eFile (MeF) system will not be available from January 1, 2012 through February 29, 2012 for electronic filing of Form 990, Form 990-EZ, Form 990-PF, or …