990 Tax Return Preparation

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990 Tax Return Preparation

Form 990 is an annual financial information tax return required by the IRS to be filed by state-chartered credit unions. It is required for most organizations exempt from income tax under section 501(c) to help prevent abuse and enforce financial accountability. The form also provides the public with financial information and is often the only source of such information. Although federal credit unions are not required to file the Form 990, they may choose to file the Form 990T which can provide a credit for certain federal excise taxes paid or for small employer health insurance premiums paid.

Political organizations and certain exempt organizations file Form POL 1120 to report their political organization taxable income and income tax liability section 527.

CUACG helps credit unions complete these forms for each calendar year end ahead of the tax filing deadline each April.

Contact us today for assistance in completing your credit union’s tax forms!

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You are now leaving the Credit Union Auditing & Compliance Group's website. When you click on OK you will be transferred to a website that is not operated by the organization. The Credit Union Auditing & Compliance Group is not responsible for the content on the alternate site. Credit Union Auditing & Compliance Group does not represent the third party. Privacy and security policies of the alternate site may differ from those practiced by the organization.


Important Message

You are now leaving the Credit Union Auditing & Compliance Group's website. When you click on OK you will be transferred to a website that is not operated by the organization. The Credit Union Auditing & Compliance Group is not responsible for the content on the alternate site. Credit Union Auditing & Compliance Group does not represent the third party. Privacy and security policies of the alternate site may differ from those practiced by the organization.