September 4, 2008
IRS Issues Final Rules for Tax Form That Charities Are Required to File
The Internal Revenue Service has released final instructions for the Form 990, completing the first major overhaul in a generation of the informational return that most charities must file with the federal government.
The IRS modified some language in the instructions, including tinkering with the definition of a "key employee" to limit the number of executives whose compensation must be reported, but charity watchdogs said they were happy to see the final instructions issued without
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