In her 20 years working for nonprofit groups, Yvonne Kankam-Boadu, director of finance at the American Speech-Language-Hearing Association, said she has never seen a tax form like the new 990. “Some instructions are not clear. [There is] a lot of ambiguity. It is up to interpretation in terms of what the IRS wants us to include,” Kankam-Boadu told CEO Update. Like other groups, ASHA just completed, for calendar year 2008, the newly revised IRS form 990, an 11-page document in which groups must disclose greater details on, among other topics, governance and employee compensation. And though the form was intended partly by the IRS to make filing less burdensome for… Read More