Did you ever have one of these an easy button it was staple stores that popularize this idea with their commercials a few years back in real life simply pushing a button doesn't make things truly easier does it another thing that as easy in its name is IRS form 990-ez and just like its counterpart reality is often different from what is advertised like the 990-n that we've already talked about this is an annual information return but when it comes to the name it's somewhat of a misnomer it's easier than a long form 990 but 990-ez is not easy the final return that you file with the IRS could have up to 15 pages maybe 20 pages so it's not short now you do have the same demographic information that the 990-n asks for but also a lot more now here's where it gets different form 990-ez requires a full accounting of income and expenses details on grants and other distributions a balance sheet that matches the profit and loss information details on programs details on your board members a lots of yes/no explain type questions even things about conflict of interest and believe it or not things about indoor tanning services yeah I'm not making that one up information about executive compensation a five-year overall income breakdown for the organization this is what the IRS uses to calculate the public support tests and they also want information about any donors that give more than five thousand dollars a year so as you can see there's a lot more information here than anything we ever had to do on the 990 in let's talk about filing requirements like all forms 990 it's due on the 15th of the fifth month following the end of the fiscal year...
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Video instructions and help with filling out and completing Will 990 Schedule R Instructions
