June 12, 2008
The Internal Revenue Service has made public the advice it received from nonprofit organizations, lawyers, and others on how to revise and refine the draft instructions it recently released for its redesigned Form 990, the primary tax document that charities file each year with the federal government.
The instructions are key to understanding how to fill out the updated Form 990, including the definition of key terms and the form’s sections on executive compensation and charity governance.
The comments submitted to the government are available on the tax agency’s Web site.
