Not-for-Profit Archive

IRS announces two- month suspension of IRS modernized e-file operations for 990 filers
The IRS announced the e-filing system that processes tax-exempt organization returns will be offline in January and February. Exempt organizations with due dates or first extended due dates in these months will have until March 30 to file. Organizations with a second filing extended due date that falls in January or February also have until March 30 to file their returns.

Form 990 Schedule F: Reporting requirements for exempt organizations with activities outside the United States
The new Form 990 by the IRS has significantly increased disclosure requirements to be made by exempt organizations, including those with activities outside the United States.

McGladrey Form 990 Audiocast Series
McGladrey Managing Director Jim Sweeney helps organizations better understand the changes that have been implemented in the IRS’ new Form 990, providing tips to ensure that your organization is in the most accurate and advantageous tax position possible

FIN 48 tax standard to affect associations
The FASB recently announced that FIN 48 applies to all nonpublic entities, including tax-exempt organizations. Find out how the new standard will impact your association.

Is your 403(b) plan in dangerous waters?
New regulations require immediate attention from 403(b) plan sponsors