Update on UBTI SILO Rule and IRS Form 990-T Electronic Filing

For nonprofit organizations that report on a calendar-year basis, the May 17, 2021, deadline to file Form 990 and Form 990-T electronically is quickly approaching. Nonprofits should take time to review the recently released revised Form 990-T and its accompanying instructions before preparing and electronically filing their 2020 returns....
By: McGuireWoods LLP