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Advocacy Blog
Friday, June 16, 2006
Form 990 Revisions Will Be Available for Comment in May 2007
According to BNA, the IRS will be making a draft of a redesigned Form 990 available for comment by May 2007 for the 2008 tax year. Exempt Organizations Director Lois Lerner, at the American Institute of Certified Public Accountants conference on June 14 said that the "form is being completely redesigned so that, first and foremost, it can be used as a compliance tool for IRS". And,she said, "We are trying to make the form make sense".
Posted by Jennifer Lowe
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