Thomson Reuters Releases PPC’s Newly Revised 990 Deskbook

Includes everything a practitioner or tax-exempt organization needs to comply with the most extensive Form 990 redesign in more than 30 years – in one all-inclusive resource!

The Tax & Accounting business of Thomson Reuters recently released PPC’s newly revised 990 Deskbook. The Deskbook provides practical guidance in the same key issue format that has made PPC® the most trusted source for tax preparation guidance and also addresses this year’s extensive overhaul of Form 990.

“For the 2008 tax year, the IRS completely redesigned Form 990 to facilitate tax enforcement efforts,” said Blake Smith, senior director of Product Development at the Tax & Accounting business of Thomson Reuters. “In the process, the IRS created major changes to the form -- extending it to 11 pages, adding 14 new schedules, and greatly expanding its instructions. PPC’s 990 Deskbook is truly a necessary resource for practitioners dealing with these massive changes.”

Highlights of PPC’s 990 Deskbook include:

  • practical guidance on all forms and schedules, including 990-EZ (significantly expanded), 990-PF, 990-T, and 1023 (Application for Exemption);
  • a new Client Questionnaire or interview-type guide to help practitioners identify upfront the client information they need to properly prepare Form 990;
  • a new Client Organizer which practitioners can send to clients to be completed and returned;
  • hundreds of real-life examples and sample filled-in forms to help practitioners quickly grasp and apply the concepts discussed;
  • expanded coverage of topics such as officer and director compensation issues; reporting contributions and fundraising efforts; as well as governance, management, and disclosure;
  • unique roadmaps with references to the Key Issues that discuss that particular line item topic.

For more information on PPC’s 990 Deskbook, visit http://ppc.thomsonreuters.com and enter 990 in the Search field; or call 1-800-323-8724 and press option 1 to speak with a knowledgeable representative.

About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals.  We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. For more information, go to www.thomsonreuters.com.

The Tax & Accounting business of Thomson Reuters is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Tax & Accounting includes the Corporate Software & Services, Professional Software & Services, and Research & Guidance business groups.

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