Industries

Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

How We Work

We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.

Learn more

Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

Learn more

IRS provides enhanced access to Form 990 series data

Descriptive information on new TEOS Improvements page

June 21, 2024

The IRS today announced enhanced public access to Form 990 series data by providing a range of descriptive information on the new Tax Exempt Organization Search (TEOS) Improvements page. 

According to today’s IRS transmittal message, the new page features: 

  • A comprehensive list of TE/GE public disclosure datasets that offers an overview of the available datasets on IRS.gov.
  • Dataset guides that outline the type of data available, usage, data format and update schedules to aid users in understanding and utilizing the data effectively.
  • Data dictionaries and indices that identify column headers and data elements in each dataset that provide clarity on the content and structure of the data.
  • Annotated forms that illustrate the relationships between form field names and datasets.
  • Redacted schemas tailored for non-software developers that simplify the understanding of the raw XML data files.
  • A compiled “frequently asked question” (FAQ) document that addresses common inquiries and concerns regarding disclosure, datasets, and related topics.

These resources aim to improve accessibility and facilitate the public’s use of Form 990 series data, in addition to enhancing transparency and understanding within the tax-exempt community.

KPMG observation

Form 990 series returns are important tools for disclosure and transparency for tax-exempt organizations, providing information about the operations of the organizations not only to federal and state regulators, but also to other stakeholders, including donors, beneficiaries, and the public.

Form 990 series returns must be made publicly available both by the IRS and by tax-exempt organizations. Organizations that fail to file the required Form 990 series return may be penalized; those that fail to file for three consecutive years will lose their tax-exempt status.
 

For more information, contact your usual KPMG tax professional or one of the following Washington National Tax professionals:

Ruth Madrigal | ruthmadrigal@kpmg.com

Preston Quesenberry | pquesenberry@kpmg.com

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline