The beginning of the new calendar year provides us with an opportunity to both wish all of you a happy and healthy new year and to update you on changes to the Core Form of Form 990, as well as changes to Schedule A Public Support Test and Schedule B List of Contributors for tax years beginning in 2013.
This tax alert contains information on the following:
Changes to instructions of the Core Form of Form 990 involving transactions with disqualified persons
Changes to the instructions for Part VII, Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees and Independent Contractors
Changes to the instructions of Part VIII, Statement of Revenue
Clarifications regarding Schedule A Public Support Test and Schedule B List of Contributors for 509(a)(1) organizations