• IRS Issues 2011 Revised Form 990 and Instructions: Stephen Clarke of IRS Adds Additional Clarity
  • March 26, 2012 | Authors: Richard T. Frazier; Elizabeth A. Mullen
  • Law Firms: Saul Ewing LLP - Philadelphia Office ; Saul Ewing LLP - Washington Office
  • The IRS recently released the revised Form 990, Return of Organization Exempt from Income Tax, and associated Instructions and Schedules for the 2011 tax year. The final form includes notable changes for the reporting of hospitals, investment partnerships, interested party transactions, compensation and foreign investments. The changes may also impact certain institutions of higher education.