A carrier air wing can dominate large stretches of territory â on the ocean or to land â with their reach and technological sophistication. Aircraft carriers are the largest warships ever put to sea, and the Navy's carriers are considered to be the elite of the world. Typically traveling in battle groups, these vessels operate in international waters without needing permission for landing or overflight rights.
Nonprofits that Fail to Timely File Form 990 May Face Steep Penalties. For whatever reason, be it a communication error, a time management issue or just the thought that there are other more important tasks to complete, many nonprofits forget or fail to timely file their Form 990 tax return.
If you don't file Form 990 for three years in a row, your tax-exempt status will be automatically revoked by the IRS. Hundreds of thousands of nonprofits have been revoked in recent years. These are often small nonprofits that do not realize that even with receipts under $50,000, they must file the 990-N.