Find helpful links to 990 resources and tools tailored to meet the specialized needs of exempt organizations, tax professionals, the general public and contributors, and researchers (including the media) on IRS.gov.  MORE »

The Internal Revenue Service today reminded tax-exempt organizations to make sure they file their annual information form on time. In 2010 the tax-exempt status of any non-profit that has not filed the required form in the last three years will be revoked.  MORE »

In letter to the IRS, Council on Foundations president Steve Gunderson has asked IRS Commissioner Douglas Shulman to declare the Haitian earthquake as a "qualified disaster" pursuant to section 139(c)(3) of the Internal Revenue Code thereby allowing company sponsored private foundations to make qualified disaster payments to employees affected by qualified disasters and to members of their families.  MORE »

According to a release by the Treasury Inspector General for Tax Administration, an estimated 92,037 taxpayers claimed unsubstantiated motor vehicle donations totaling $204 million in 2007 and an estimated 63,972 of those taxpayers may have avoided paying approximately $17 million in taxes!  MORE »

As reported in an October 27, 2009 article in Smart Money, "In a speech before the American Institute of Certified Public Accountants, or AICPA, IRS Commissioner Douglas Shulman announced the recent formation of a new unit, dubbed Global High Wealth Industry Group, which will focus on the nation’s wealthiest individuals and their entities." Those entities include private foundations.  MORE »

The Internal Revenue Service has launched a new case study and video program to help exempt organizations and their tax preparers better understand the newly revised Form 990 series which must be filed for the 2008 tax year.  MORE »

The IRS has released its monthly exempt organizations newsletter covering a broad number of currrent issues and educational opportunities.  MORE »

The Treasury on May 11 released the General Explanations of the Administration's Fiscal Year 2010 Revenue Proposals (Greenbook) to "provide details of plans to cut taxes for small businesses and middle class families and close unfair corporate tax loopholes." Of interest to charitable gift and estate planners are the administration's plans to target "valuation games played by those facing estate and gift taxes that allow them to undervalue transferred property."  MORE »

After a disaster or in another emergency hardship situation, people may be interested in using a charitable organization to help victims. In its current Exempt Organization Update, the IRS reviews a number of resources to help them accomplish this goal.  MORE »

The Treasury Inspector General for Tax Administration has issued a report on its Political Activities Compliance Initiative that seeks to educate tax-exempt organizations regarding political campaign intervention, improve internal processes, and detect tax-exempt organizations that are potentially involved in repeated campaign intervention. Although progress has been made, the report concludes that timeliness goals can be improved.  MORE »