November 21, 2007 | Read Time: 1 minute
The Internal Revenue Service is expecting to announce in mid-December more changes to the proposed revision of the Form 990 informational tax form.
The tax agency has already rewritten parts of the tax form in response to the more than 650 public comments it received after it released a draft of the revised form in June.
A spokesman said the IRS is considering several other issues that have been raised in the public comments and that it might outline plans to delay when some parts of the form will take effect — largely to help charities that might need more time to change their financial reporting procedures.
The announcement will include “some pretty detailed and expansive explanation about what we are doing,” Steve Pyrek, an IRS spokesman, said in an interview.
The IRS has been planning to nake a final version of the form available by the end of the year — with the goal of requiring charities to start using the form in 2009.
