New Form 990 for 2008
Form 990 is the tax return that charities and tax-exempt organizations are required to file each year.
The IRS drafted a tentative new form in 2007 and accepted public input from the non-profit sector to make the form both more functional and easier to use.
For all the pertinent details, check out the information page about the new form on the IRS website, here.
When tax exempt organizations file their taxes in 2008, for the 2007 tax year, they will be using the old form. The new form will be used in 2009 when filing 2008 taxes.