Form 8868 is the extension form obtained from the Internal Revenue Service for an automatic extension of six months to file Form 990. This form can be used by charities, non-profit organizations, and others who have tax exemptions. This automatic extension is applicable for these organizations, without having to submit a valid reason for extension with the IRS.  Deadline/DueDate for Form 8868 The deadline to fill and submit Form 8868 is May 16, 2022. For fiscal year...

We all know that charitable non-profits do not have to pay federal taxes, but they need to file the information with IRS. In such scenarios form, 990 comes into play. By filing form 990, non-profit assure their businesses consistency with public responsibilities. Let us dive into detail about form 990 and ways to complete it. IRS Form 990 The tax-exempt organizations employ Form 990 and file it each year with the IRS. The charitable non-profits fall on...