The IRS recently released the final 2013 Forms 990, 990-EZ and instructions. Although titled “Significant Changes,” it is a misnomer as the changes are not major. There were no changes to the form itself, though the IRS did make a number of revisions and clarifications to the instructions. We have entered the period of “IRS Fine Tuning.”
Since the major redesign to Form 990 in 2008, the IRS has made revisions to the Form each year to address changes made in the laws affecting tax-exempt organizations. While there were a number of changes to this year’s filing instructions, most involve fine-tuning and clarifying existing requirements rather than any large-scale changes or additions to the types of information required of 990 filers.