The Trusted Professional

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Best regards
Zmags

17 New York State Society of Certified Public Accountants/July 15, 2009 Utica Clients and the New 990 BY SCOTT HOSLER Utica Chapter President I ’m sure, by now, the consensus would be that the newly revised IRS form 990 has certainly caused an increase in both workload and stress for preparers and clients like. However, I have always tried to look for the positive aspects in every situa- tion and, from these new reporting require- ments, I can find several. The first benefit is also the most evident: Exempt organization reporting has been greatly enhanced. These changes have shift- ed the 990 from a financia<a title="The Trusted Professional - July 15, 2009 page 1" href="http://viewer.zmags.com/publication/a9b7b878?page=1">Trheusted ProfessionalVol. 12 No. 15 • July 15,</a> Trheusted ProfessionalVol. 12 No. 15 • July 15,<a title="The Trusted Professional - July 15, 2009 page 2" href="http://viewer.zmags.com/publication/a9b7b878?page=2"> 2New York State Society of Certi</a> 2New York State Society of Certi<a title="The Trusted Professional - July 15, 2009 page 3" href="http://viewer.zmags.com/publication/a9b7b878?page=3"> 3New York State Society of Certi</a> 3New York State Society of Certi<a title="The Trusted Professional - July 15, 2009 page 4" href="http://viewer.zmags.com/publication/a9b7b878?page=4">FAE ConferencesTake a glance at the September Co</a> FAE ConferencesTake a glance at the September Co<a title="The Trusted Professional - July 15, 2009 page 5" href="http://viewer.zmags.com/publication/a9b7b878?page=5"> 5New York State Society of Certif</a> 5New York State Society of Certif<a title="The Trusted Professional - 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