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.
Failing to File. When you fail to file a Form 1120 by the deadline, the corporation is charged a monthly penalty that's equal to 5 percent of any income tax that remains unpaid. Moreover, the corporation will reach the maximum 25 percent penalty after the fifth month that the return remains unfiled.