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PostHeaderIcon New Form 990 Instructions Released

Last December we told you about the new Form 990 for tax exempt entities that was coming–effective in 2009 for filing 2008 taxes.

Now the IRS is telling folks how to fill it out when the time comes.

The IRS released instructions for the long form 990 today, and announced that instructions for the 990-EZ form will be coming soon. The need for separate instructions belies the form’s name in my mind (EZ?) but, I don’t work for the IRS…

The new forms are intended to make the operations of non-profit and tax exempt entities more transparent to the public, since their tax returns are public records.

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