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Tax-Exempt Organizations Alert: Conflict of Interest Policies: Disclosure, Monitoring, and Enforcement
DC Bar
The IRS has redesigned the Form 990, the annual information return that most tax-exempt organizations file with the IRS, effective for tax years beginning on or after January 1, 2008. The joint alert, from the DC Bar and Miller & Chevalier, discusses how the revised form asks organizations if they meet certain best practices in nonprofit governance. Among the many changes to the revised Form is a new series of questions regarding the tax-exempt organization’s conflict of interest policy.