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2022 AICPA & CIMA Not-for-Profit Industry Conference

NOT2236 - Schedule B and Schedule M

Jun 14, 2022 2:35pm ‐ Jun 14, 2022 3:50pm

Standard: $49.00


Contribution are the backbone to many nonprofits, and behind those contributors are donors. Schedule B and Schedule M are designed to analyse the who and the what of charitable contributions to a nonprofit. While the schedules themself may seem like simple information reporting, the work behind what is reported on those schedules is full of nuance and analysis. We'll dive in to each section and break down the reporting, connecting the data with the details.

Learning Objectives:
  • Determine the reporting rules for proprietary donor information on Schedule B for various types of nonprofits, while assessing the connection between Schedule B and Schedule M
  • Identify valuation and reporting requirements for non-cash contributions, including the requirement for information return reporting for certain noncash items
  • Analyze the status of the Supreme Court decision for donor disclosure to states


Tags: TAX
Category: Concurrent Session Onsite and Online

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