Form 990 Redesign for Tax Year 2008 (Filed in 2009): Schedules' Benefit |
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What is the benefit of requiring more schedules?
The 2008 Form 990 promotes uniform and complete reporting of information previously requested in unstructured attachments. A major defect of the 2007 Form 990 is the lack of formatted tables in the form itself or in schedules for an organization to use to report and display requested information. Instead, the 2007 form relies on instructions that describe how an organization is to report information in unstructured attachments to the form. Frequently, information provided by organizations in these attachments is incomplete, or required attachments are missing.
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Page Last Reviewed or Updated: December 23, 2008