New Schedule A Reflects Change in Public Support Rules

September 16, 2009
Don Kramer's Nonprofit Issues

Types : Bylined Articles

Test is now based on five-year rolling average and reporting is on same basis as other accounting www.nonprofitissues.com

The new Schedule A required for the Form 990 tax information return reflects the change in method of calculating “public support” for a charitable organization that seeks classification as a public charity rather than a private foundation.

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