There is a new IRS publication on group exemptions. This fact sheet provides answers to questions of interest to parent organizations, subordinates and donors.
September 23, 2009
September 11, 2009
Thousands of tax-exempt organizations are in the process of gathering information and completing the redesigned 2008 Form 990. This new on-line tool uses a practical example to show organizations how to address key areas of the redesigned Form 990 and Schedules. An organization can compare its own situation to the case study and learn how to properly complete its own form.
Getting Started includes a sample filled-in Form 990 and Schedules A and O, prepared using information about a hypothetical organization's mission, board of directors, financial information and policies. This series of seven, short, on-line videos explain how to complete key sections of the Form 990 and highlights some of the form changes. Find this new on-line resource as well as other resources for 990 filers on IRS.gov
2. New! Mini-Course Provides Overview of Form 990-EZ
Because of changes in filing thresholds, many more organizations are eligible to file Form 990-EZ. To learn whether your organization may file the EZ and to learn more about this shorter, simpler form, watch this mini-course at www.StayExempt.irs.gov.
September 02, 2009
2. New Process for Supporting Organizations to Change Public Charity Classification The IRS has modified the procedures for reclassifying section 509(a)(3) supporting organizations as public charities. Announcement 2009-62 updates procedures for such requests to be consistent with new regulations eliminating the advance ruling process.
3. Register Now for Fall Workshops for Small and Mid-Sized 501(c)(3) Organizations These introductory one-day workshops, designed for administrators or volunteers responsible for an organization's tax compliance, will be held in Philadelphia, PA on October 6, 7, and 8, 2009. Get more information and register online.
4. IRS on YouTube? A new IRS YouTube video site and an iTunes podcast site will help taxpayers learn more about tax provisions in the American Recovery and Reinvestment Act.