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F Winter 2010 SCHOOL Class Schedule Inside STORE f School of Youth Camp & After School Programs Art & Craft ? Fine Craft Gallery & Store Buried Artist & Exhibition Galleries (see p. 7) f Special Programs
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What is f - sharon arts?
F - Sharon Arts refers to the Form 990, which is a tax form that certain tax-exempt organizations, including Sharon Arts, are required to file with the Internal Revenue Service (IRS) to provide information about their finances and operations.
Who is required to file f - sharon arts?
Sharon Arts or any tax-exempt organization is required to file F - Sharon Arts or Form 990 if their annual gross receipts are normally more than $200,000 or if their total assets are normally more than $500,000.
How to fill out f - sharon arts?
To fill out F - Sharon Arts or Form 990, you need to gather financial and operational information about Sharon Arts, such as its revenue, expenses, assets, liabilities, and programs. This information should be accurately reported in the various sections and schedules of Form 990 following the instructions provided by the IRS.
What is the purpose of f - sharon arts?
The purpose of F - Sharon Arts or Form 990 is to provide transparency and accountability to the IRS and the public regarding the financial and operational activities of Sharon Arts as a tax-exempt organization. It ensures that tax-exempt organizations are using their resources appropriately and fulfilling their tax-exempt purposes.
What information must be reported on f - sharon arts?
F - Sharon Arts or Form 990 requires various information to be reported, including but not limited to the organization's revenue, expenses, assets, liabilities, programs, governance, compensation of key individuals, and compliance with tax regulations. The specific information required can be found in the instructions provided by the IRS for Form 990.
When is the deadline to file f - sharon arts in 2023?
The deadline to file F - Sharon Arts or Form 990 in 2023 is determined by the end of Sharon Arts' tax year. Generally, for organizations with a calendar tax year (January 1 to December 31), the deadline is May 15th of the following year. However, it is recommended to consult the IRS or a tax professional for the specific deadline applicable to Sharon Arts for the year 2023.
What is the penalty for the late filing of f - sharon arts?
The penalty for the late filing of F - Sharon Arts or Form 990 can vary depending on the size and nature of the tax-exempt organization. As of now, the penalty can range from $20 to $100 per day, with a maximum penalty of $51,000 for organizations with gross receipts over $1 million. It is important to file the form on time or obtain an extension to avoid these penalties. The specific penalty amounts can be found in the instructions provided by the IRS for Form 990.
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