For nonprofit organizations that report on a calendar-year basis, the May 17, 2021, deadline to file Form 990 and Form 990-T electronically is quickly approaching. Nonprofits should take time to ...
The Internal Revenue Service is planning to make some significant changes to its proposal to revise the Form 990 informational tax return. Among the key changes: the form will not require charities to ...
Al Candrilli, a partner at Organizational Consulting Group in Avon, Ohio, makes three points on the revamped Internal Revenue Service Form 990, which is used to report executive compensation at ...
While tax season is over for many taxpayers (except those of us still on extension), tax-exempt organizations still have to file. The filing deadline for many tax-exempt organizations is May 15, 2024.
The Internal Revenue Service will now provide publicly available information on tax-exempt organizations only through its TEOS search engine starting Dec. 31, 2021, and no longer through Amazon Web ...
Dear Action Line: I understand there is some new law requiring tax-exempt, nonprofit organizations to file their Form 990 with the IRS by Oct. 15 or they lose their federal tax-exempt status. We have ...
The Section 6652(c) Penalty. Section 6033(a)(1) of the Internal Revenue Code (the “Code”) generally requires “every organization exempt from taxation under section 501(a) . . . [to] file an annual ...
The Internal Revenue Service has announced that certain hospitals and health systems may not file 2010 Form 990, including schedule H, before July 1, 2011, regardless of whether the organization is ...
The Internal Revenue Service has accidentally leaked confidential information for approximately 120,000 taxpayers who filed a form 990-T as part of their tax returns. IRS Form 990T is used to report ...
To alleviate the burden on tax-exempt organizations and the IRS, the Service announced that it will no longer require most tax-exempt organizations to report the names and addresses of substantial ...