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Home > Art, Film & Photography > Tax Forms: IRS Tax Forms, P11d, Vat3, P45, P60
Tax Forms: IRS Tax Forms, P11d, Vat3, P45, P60

Tax Forms: IRS Tax Forms, P11d, Vat3, P45, P60


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About the Book

Purchase includes free access to book updates online and a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: This article is part of a series onTaxation IRS tax forms are used by taxpayers and tax-exempt organizations to report financial information to the Internal Revenue Service (IRS) of the United States. They are used to report income and calculate taxes owed to the federal government of the United States. The best-known of these is form 1040, which is for individual income tax, and is widely filed. The IRS Form 990 is titled "Return of Organization Exempt From Income Tax." It is submitted by tax-exempt organizations and non-profit organizations to provide the Internal Revenue Service with annual financial information. A short version, Form 990-EZ, may be used by organizations with gross receipts of between $25,000 and $500,000 and total assets of less than $2.5 million. (Organizations with gross receipts of under $25,000 in a year are not required to file a form 990). Another variant, Form 990-PF, is available for private foundation organizations. The Form 990 provides the public with financial information about a given organization, and is often the only source of such information. It is also used by government agencies to prevent organizations from abusing their tax-exempt status. In June 2007, the IRS released a new Form 990 that requires significant disclosures on governance and boards of directors. These new disclosures are required for all nonprofit filers for the 2009 tax year, with more significant reporting requirements for nonprofits with over $1 million in revenues or $2.5 million in assets. In addition, certain nonprofits have more comprehensive reporting requirements, such as hospitals and other health care organizations (Schedule H). The Form 990 disclosures do not require but strongly encourage nonprofit boards to adopt a variet... More: http: //booksllc.net/?id=904462


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Product Details
  • ISBN-13: 9781157191308
  • Publisher: Books LLC
  • Publisher Imprint: Books LLC
  • Height: 152 mm
  • Sub Title: IRS Tax Forms, P11d, Vat3, P45, P60
  • Width: 229 mm
  • ISBN-10: 1157191304
  • Publisher Date: 28 May 2010
  • Binding: Paperback
  • Spine Width: 2 mm
  • Weight: 68 gr


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Tax Forms: IRS Tax Forms, P11d, Vat3, P45, P60
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