April 17, 2008
IRS Issues Instructions for New Charity Tax Form
The Internal Revenue Service last week released the draft instructions for the new Form 990, the primary tax document that charities file each year with the federal government.
Many charity leaders, lawyers, and accountants have been anticipating the new instructions, which are the key to understanding how to fill out the updated Form 990 — especially the instructions' definitions of key terms and its portions on executive compensation and charity governance.
The
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