NYS Charities Bureau Extensions: Proposed Rule Change

Proposed Rule ChangeOn January 8, 2014, the Office of the Attorney General proposed new rules for submitting a request for an extension of time to file a CHAR500 Annual Filing.  The new rule will provide for the submission of electronic or email requests only, requests by mail and IRS Form 8868 will no longer be required.  Additionally, organizations may request an extension of time to file of up to 180 days.  Two separate 90 extensions will no longer be required.  It is anticipated that the rules will be in effect late February.  New instructions will be posted on online at www.CharitiesNYS.com at that time.