With the IRS deadline (May 15) drawing near, ensuring your filing is both accurate and compliant can make all the difference. Here is a checklist to help your nonprofit navigate this deadline effortlessly.
An organization qualifies as tax-exempt if its primary purpose falls under the criteria set by the IRS. This includes the allocation of profits and ongoing compliance.
Understanding these financial statements isn’t just about filling out Form 990—it’s about strengthening your nonprofit’s transparency, trustworthiness, and long-term success.
The IRS 990 deadline for the month of April is here, and several organizations are required to submit their 990 returns before the day ends. Whether you’re a nonprofit filing...
Political organizations and certain tax-exempt organizations use Form 1120-POL to report their taxable income and income tax liability under Section 527 of the Internal Revenue Code.
Valentine’s Day may be over, but there’s one more commitment you can’t forget—Your 990 Return! February 17 is here, and for many nonprofits, the deadline to file the 990 return...
Nonprofit organizations juggle many responsibilities to ensure smooth operations and financial health. Filing IRS Form 990 is a critical part of this, as it ensures compliance with IRS regulations. When...
As you may know, the IRS temporarily shut down the e-file system for 990-T, 1120-POL, and extension Form 8868 in January for technical maintenance. On March 18, 2024, the...