This course introduces CPAs to exempt organizations under IRC Sections 501(a) and 501(c). You'll learn which entities qualify, key filing and disclosure rules (Form 990/990-N), unrelated business income, and the special rules and excise taxes for private foundations. This course also covers lobbying and political activity limits, common compliance pitfalls, and practical examples. The course includes readings, exercises, study questions, and a final exam to reinforce understanding and help you advise nonprofit clients with confidence.