Tag: tax-exempt status

Form 8976: Notice of Intent to Operate Under Section 501(c)(4) – What Social Welfare Organizations Need To Know

Starting a 501(c)(4) social welfare organization requires more than a strong mission—it begins with meeting key IRS compliance requirements, including filing Form 8976. This notice informs the IRS of your intent to operate under Section 501(c)(4) and is a critical first step in establishing transparency and avoiding potential penalties.

February 2, 2026 Filing Extension: What it means for Form 990 Filers 

The IRS has announced a significant filing extension for certain Form 990 filers, moving the deadline to February 2, 2026, for tax-exempt organizations impacted by recent natural disasters. This relief applies to nonprofits that were already operating under a valid extension for their 2024 returns and are located in designated disaster-affected states and counties. For eligible organizations, the added time can ease compliance pressures while they focus on recovery efforts without risking penalties or their tax-exempt status.