What Is Form 990: Return of Organization Exempt From Income Tax? Even organizations exempt from paying federal income tax must report their activities annually to the Internal Revenue Service (IRS).
The IRS requires nonprofit organizations to file their 990 forms by the 15th day of the 5th month after the end of their tax year. This deadline applies to: Nonprofits operating on a fiscal year ...
When a nonprofit neglects to file the appropriate version of Form 990 for three consecutive years, the IRS doesn't hesitate—it automatically revokes tax-exempt status. Regaining this crucial ...
Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment ...