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Author Topic: Revised Form 990 Effective for 2008 Tax Year  (Read 6872 times)

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Snoopy

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Revised Form 990 Effective for 2008 Tax Year
« on: September 03, 2008, 03:09:52 PM »
The IRS has just released the redesigned Form 990.  Looks like the non-profit Boards will have a new challenge!!

http://www.ecfa.org/PDF/Newsletters/FOCUS_3Q_2008.pdf

http://www.irs.gov/charities/article/0,,id=185561,00.html
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Gailon Arthur Joy

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Re: Revised Form 990 Effective for 2008 Tax Year
« Reply #1 on: September 04, 2008, 07:10:39 PM »
It is a good start towards full disclosure, transparency and good governance. 3ABN will have to suffer the shock of compliance with these new rules but maybe the new CFO will make the transition a bit easier.

But, keep in mind, Grassley si not done yet and I would suspect many of these ideas will be the rule of Law even for church entities. Speaking of accountability!!!

Gailon Arthur Joy

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