While Animal Rescue Organizations are tax exempt, there’s still certain information regarding their financial activities that must be reported to the IRS annually. This is done by filling
An organization having tax-exempt status means that the net profits of the organization are exempt from federal taxes. While certain states allow state-level exemption, this status is primarily
Form 990-T is filed by tax-exempt organizations to report their Unrelated Business Taxable Income (UBTI)–$1000 or more–to the IRS. Organizations that file Form 990-T should include Schedule
**Editor’s Note**: This article originally appeared on Blackbaud’s “Engage” blog at https://blog.blackbaud.com/form-990-what-you-need-to-know-about-filing-for-your-nonprofit/. It is being republished with permission. It may feel like very few things involving the IRS
Error Code F990PF-905-01 indicates the organization has not been established as a private foundation with the IRS (only private foundations can file Form 990-PF). Received this code? Read
Receiving a letter from the IRS is not likely anyone’s idea of a nice surprise. Like taking medicine, though, it’s best to deal with it quickly (and on
There are few things more valuable than trust. While it isn’t something you can hold in your hands, a lack of trust between your nonprofit and the public
Receiving a letter can be a wonderfully personal, nostalgic experience…unless, of course, that letter happens to be from the IRS. If your organization receives a letter from
When filing a 990 Series Return on behalf of your organization, it isn’t difficult to imagine scenarios where being able to share the return with others–be they a
Do Schools and Educational Organizations Need to File a 990? Yes! Even after obtaining tax-exempt status, your School/Educational Organization still must report their financial status, activities, and certain
