New Schedule J requires organizations to disclose details on compensation and information about how the CEO compensation was determined The IRS unveiled its Form 990 in late December, ending the form’s first major retooling in 30 years. The public caught its first glimpse of a draft version 18 months ago and has since sent hundreds of comments to IRS officials. The new form has an 11-page core for all filers (compared to the previous version’s nine pages), 16 schedules and more questions about executive pay and perks. New to the redesigned form is the fact that all nonprofits must disclose salaries of the five highest paid employees, those earning more than $100,000… Read More