This presentation will focus on providing attendees with a "big picture" overview of the nonprofit universe, the most prevalent "hot buttons" and "red flags" for nonprofits to always be cognizant of and the primary ways that nonprofits are different than for-profits. Additionally, the provisions of the Tax Cuts and Jobs Act of 2017 most pertinent to nonprofits will also be covered.
- Learn how nonprofits are different from for-profits.
- Become aware of the most prevalent "hot buttons" and "red flags" which nonprofits must always confront.
About the Speaker
Brian Yacker has over 25 years of tax, legal, and accounting experience in the exempt organizations area. Areas of exempt organization consultation which Brian possesses expertise include public support test calculations and planning, preparation of reasonable compensation rebuttable presumption binders and Reasonable Compensation Studies, governance best practices consultation, recommendations regarding effective Bylaws, conducting of EO Governance Check-Ups, compliance with the §501(h) lobbying safe harbor, proper functional expense allocations, maximizing charity watchdog ratings, preparation of federal and state Tax Exemption Applications, conducting of unrelated business income revenue stream studies, preparing state charitable solicitation registrations and the proper internal and external reporting of special event fundraisers.
Brian is currently an adjunct professor for the University of California Irvine, teaching the Nonprofit Accounting course in the Master of Professional Accountancy program. Additionally, Brian serves on the Board of Directors for California Rural Legal Assistance (for which he serves on the Audit Committee and Executive Committee). Finally, Brian serves on the AICPA's EO Tax Technical Resource Panel and the AICPA Nonprofit Advisory Council.
Brian earned his Bachelors degree in Finance/Marketing from the University of Virginia and his Juris Doctor from the Indiana University School of Law (Bloomington). Personal interests include hiking and camping, sports memorabilia collecting, playing fantasy sports, Asian cooking.