IRS 8822-B Form

A recent change in IRS regulations requires action by Tau Beta Pi chapters by March 1, 2014. Less than two weeks ago, Tau Beta Pi learned that the IRS is requiring any entity with an employee identification number (EIN) to report the latest change to its responsible party within 60 days of that change. This impacts all Tau Beta Pi chapters. However, any changes that occurred to your responsible party before 2014 must be filed by March 1, 2014.

Headquarters has reviewed the past tax filings (990-N or 990) from the chapters and has identified certain chapters as needing to file this form by the March 1 deadline. Specifically, based on the information filed with the last tax return, any chapter that indicated a responsible party that is no longer a current officer needs to file.

Chapters will now be required to file this form with the IRS EACH TIME the responsible party on file with the IRS changes. Each chapter is strongly encouraged to list their Chief Advisor as the responsible party along with his or her school address. This will ensure that the chapter only has to file form 8822-B when the Chief Advisor is no longer an officer of the chapter.

Chapters are requested to email a scanned copy or mail a physical copy before filing so Headquarters has a copy in case the IRS has questions later. Chapters are also encouraged to maintain a copy. The social security numbers on the HQ copy can be blacked out. If you have any questions, do not hesitate to call HQ at 800/828-2382 or .