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December 19, 2007
IRS Set to Release Final Version of New Form 990
The Internal Revenue Service on Thursday will make public the final version of its redesigned Form 990 informational tax form, officials said today.
The IRS is revamping the document, which charities with more than $25,000 in annual revenue must file with the tax agency.
An initial draft of the form was released in June.
The tax agency made several changes to the draft in October after it received more than 650 public comments about the proposed form.
The final version of the form will incorporate other suggestions from the public — and IRS officials have said that the agency will probably outline plans to delay the date when some of the proposed changes would take effect.
The Chronicle will post details about the IRS’s actions as soon as the agency has announced its plan.
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