First few Article Sentences
As all of you are aware (if not, you should be), the IRS has redesigned Form 990 to include a number of additional reporting requirements that will impact tax exempt health care organizations. The new form has been available for some time now, but many organizations may not have focused on the new Form 990 as closely as they should have. Luckily, calendar year filers have until May 15, 2009, to submit their returns. When organizations finally get around to looking at the new Form 990, however, they will realize that all the questions actually pertain to the 2008 tax year.