IRS Issues New FAQs For Governance Portion Of Form 990.
Mondaq Business Briefing › Nbr. 2009, January 2009
Linked as:
Extract
IRS Issues New FAQs For Governance Portion Of Form 990.
Tax-exempt organizations are well-advised to attribute significant focus and attention to the governance questions posed on Part VI of the Form 990, and to the underlying governance concepts raised by these questions.
On May 29, 2009, the Internal Revenue Service (IRS) posted a series of "FAQs" and other "Tips" associated with the completion of Part VI to the Form 990 (Governance, Management and Disclosure). Part VI is the section of the new, redesigned Form 990 that reflects the IRS's major focus on the corporate governance of tax-exempt organizations. Thus, the new FAQs are likely to be welcome news to these organizations...See the full content of this document
Sponsored links
