IRS changes the Forms 990 and 990-EZ for 2006
The IRS has made changes in the Forms 990 and 990-EZ for the 2006 reporting year, including revisions reflecting provisions of the Pension Protection Act of 2006. Changes include:
- More information about officer, trustee and key employee compensation.
- Disclosure of family and business relationships.
- Disclosure of travel expenses for government officials paid by a nonprofit.
- Organizations that maintain donor-advised funds must provide additional information.
- A new schedule for organizations with conservation easements.
- Supporting organizations must now file a Form 990, even if their revenues are less than $25,000
