What Is Form 990: Return of Organization Exempt From Income Tax? Even organizations exempt from paying federal income tax must report their activities annually to the Internal Revenue Service (IRS).
Discover how IRS Publication 557 can guide your organization to secure and maintain tax-exempt status, ensuring compliance with essential IRS regulations.
The due date for many tax-exempt and charitable organizations is the 15th day of the 5th month after the end of the accounting year. For an organization with a December 31 year-end, that’s May 15.