Vice-President, LaPort Sehrt Romig Hand Tax Consulting Services
Previously published in the March 2009 issue of the "Journal of Accountancy"
Most nonprofit organizations are now reviewing their first redesigned IRS Form 990 and its many new information requirements
designed to enhance transparency and accountability. CPAs with nonprofit clients now are seeing the pieces fit together with
satisfaction or, if drawing together the information has been difficult, perhaps with some concern. Many small organizations
may be in need of some quick pointers and suddenly need your help. The new form, unveiled in late 2007, must be used for tax
years beginning in 2008 by nonprofit organizations required to file Form 990, Return of Organization Exempt from Income
Tax. Read more