Policy and Practice Checklist for the 2008 IRSForm 990
The Internal Revenue Service recently released a redesigned 2008 Form 990, "Return of Organization Exempt from Income Tax." Those organizations that are required to file the redesigned 2008 Form 990 will find a substantial number of new disclosure requirements regarding governance policies and practices. This memorandum summarizes in checklist form the governance policies and practices about which the IRS now inquires.