EO Update October 7, 2005
Issue Number: 2005-14
Inside This Issue
- Draft Form 990 Available for Public Comments
- Attention e-file Software Developers: New XML Schemas Available
- Other e-file Updates
- Western Conference on Tax-Exempt Organizations: Register by October 14th and Save!
- Avoid Scams Preying on Your Good Nature in the Wake of Hurricane Katrina
1. Draft Form 990 Available for Public Comment
A draft of IRS Form 990, Return of Organization Exempt From Income Tax, for Tax Year 2005 is available for public comments on the IRS website for tax-exempt organizations.
2. Attention e-file Software Developers: New XML Schemas Available
Software developers and transmitters interested in developing software for electronically filing forms 990, 990-EZ, 990-PF, 8868 and 1120-POL can find information and technical guidance on the IRS e-file for charities and nonprofits website. XML Schemas, Business Rules and other useful information and documents are available.
New XML schemas for electronic filing of forms 8871 and 8872, for reporting contributions to section 527 political organizations, are in effect as of October 7. The new schemas reflect minor changes.
3. Other e-file Updates
Visit the Modernized e-file for Charities and Nonprofits homepage for up-to-date information on IRS resources available to tax-exempt organizations filing electronically, including updated Frequently Asked Questions.
Modernized e-file has been available for organizations filing Form 990 or 990-EZ since 2004, and became available for Form 990-PF in 2005. As of October 2, 2005, the IRS has received 4,580 exempt organizations returns electronically this year.
EXEMPT ORGANIZATIONS E-FILE RETURNS RECEIVED
4. Western Conference on Tax-Exempt Organizations: Register by October 14th and Save!
The Ninth Annual Western Conference on Tax Exempt Organizations will be held on November 17-18, 2005, in Los Angeles.
Jointly sponsored by Loyola Law School and the IRS Exempt Organizations Division, conference speakers include EO Division personnel, Loyola faculty, and tax professionals. See the Calendar of Events on the IRS homepage for tax-exempt organizations for more information.
5. Avoid Scams Preying on Your Good Nature in the Wake of Hurricane Katrina
The IRS urges donors to make their contributions count, and be on the lookout for scams . Donors can use the Search for Charities tool on the IRS website to identify organizations qualified to receive tax-deductible contributions.
For information about IRS resources available to organizations providing disaster relief in the areas affected by Hurricane Katrina, check the Hurricane Katrina section of the IRS website for tax-exempt organizations. Additional information about IRS efforts to support relief and recovery operations in the Gulf Coast is available on the IRS Hurricane Katrina homepage.