For many tax-exempt organizations with significant gross receipts, some of that revenue may have come from the selling of assets. An asset is usually an owned item or
Tax-exempt organizations are required to file an annual tax return with the IRS – this form is known as the 990 series, and it reports an organization’s total
E-file Tax-Exempt Returns from Anywhere For those of you running small exempt organizations, you know that you’re required to file an annual tax return with IRS. Even if
E-file Form 990-N Before the Year Ends! There are only two full months left within the year, and if your small tax-exempt organization needs to file a tax
Preparing an IRS Form 990 takes a great deal time. The entire form itself is many pages long and littered with tons of IRS instructions, legal terms, and
In the nonprofit sector, it’s common knowledge that your tax-exempt organization must file an annual return with the IRS – this form reports your organization’s total revenue, expenses,
We’re in the last three months of the year. And just like every year, the final extended deadline for exempt organizations rolls around like clockwork. For nonprofits and
Successfully running a nonprofit or charitable group comes with many responsibilities – not only with your organization’s mission and activities, but also all the requirements to remain compliant
For exempt organizations, the IRS requires that you file a tax return each year that reports your total revenue, total expenses, and activities. You submit these annual tax
According to the IRS, political and legislative activities are two separate types of operations within exempt organizations. Each has their set of rules and consequences based on the
