The resources in this library are open for external use and sharing.
The resources in this library are open for external use and sharing.
April 23, 2026
The nonprofit sector is bracing for significant changes to annual information return requirements. On April 23, 2026, the U.S. Department of the Treasury announced that the IRS will revise Form 990 for tax-exempt organizations under section 501(c)(3) of the Internal Revenue Code.
May 26, 2026
The IRS is expected to issue regulations revising Form 990, the annual information return required of tax-exempt organizations. The changes are intended to clarify how charitable dollars are spent, but could also create new administrative and reporting burdens for organizations.
April 23, 2026
The Treasury Department has announced that the IRS plans to revise the Form 990 to improve transparency, strengthen tax administration, and provide clearer reporting on certain activities of tax-exempt organizations described in section 501(c)(3) of the Internal Revenue Code.