IRS Releases Tips to Charities on How to Disclose Details About Related Groups

The Internal Revenue Service has released the fourth in a series of tips to help nonprofit organizations prepare their Form 990 informational tax return, the primary document that groups file each year.

The new tips, which come in the form of frequently asked questions, focus on information the IRS seeks about arrangements a charity has with “related organizations.”

The information is sought in various parts of the Form 990, especially Schedule R, “Related Organizations and Unrelated Partnerships.”

The Form 990 was significantly redesigned for the 2008 tax year.