CAN's finance and accounting programs are designed to to measurably improve the accuracy, consistency and clarity of financial reporting, thus reducing time and financial costs and improving accountability and public trust in California's nonprofit sector.

Another goal of this program is to promote a dialog and create a community of nonprofit finance professionals so please post questions and comments!

Thursday, June 14, 2007

Draft Redesigned Form 990

It is finally out. The idea is to use this form for the 2008 tax year, so one would be filling this out in 2009.

You can check out all the information here, you will be able to download a copy of the new form, read about the changes and send in comments. All the forms and info is in PDF format.

[EDIT] I have assembled the most pertinent forms into one file to download, the IRS site lists all 20 plus informational sheets, forms and schedules as individual downloads. New stuff and info about the new stuff is all put together here. Its about two megabytes, about a minute and a half to download with a good connection.

This is a big redo, and YOU have the opportunity to comment on it! I'll post my thought about the new form soon.

Alan

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