Happy Fourth of July
Brief History
Our nation declared its independence from Great Britain by adopting the Declaration of Independence on July 4, 1776. This declaration came about during the American Revolutionary War in which American troops were engaged in armed conflict with Great Britain about America’s right to be free from British rule.
Fun Fact: Even though the Declaration of Independence was adopted on July 4, it didn’t become official until August 2, 1776, when most of the delegates signed it.
Express990
Express990 supports all three 990 forms for tax-exempt returns as well as an extension.
Form 990-N (e-Postcard)
Who Needs To File: Small tax exempt organizations and charities that typically gross $50,000 or less a year must file the required 990-N (e-Postcard) to IRS every year. The only exceptions are organizations that are included in a group return, churches and their integrated auxiliaries, conventions, or associations of churches, or organizations that need to file a different return.
The Form: There is no paper form, filing is all done online, and there are schedules to complete.
Only eight pieces of information are needed to file a 990-N (e-Postcard):
- Employer Identification Number (EIN)
- Tax Year
- Legal Name & Address
- Different Names Used By The Organization, if applicable
- Website, if applicable
- Name & Address Of A Principal Officer
- Confirmation Of Gross Receipts Of $50,000 Or Less
- A Statement That The Organization Is Going Out Of Business, if applicable
With Express990: E-file your Form 990-N (e-Postcard) for the current tax year and for the two prior tax years. Use Express990 to file your 990-N for the current tax year for FREE.
Form 990-EZ
Who Needs To File: Tax-exempt organizations with gross receipts less than $200,000 and total assets less than $500,000 per year are required to file a Form 990-EZ.
The Form: Schedules are very important sections within a 990-EZ that detail information proving tax exempt status for an organization; each schedule is designed for certain activities.
With Express990: E-file your Form 990-EZ only for the current tax year and the most previous tax year.
Form 990 (990 Long)
Who Needs To File: Tax exempt organizations with gross receipts greater than or equal to $200,000 and total assets greater than or equal to $500,000 per year are required to file a Form 990.
Extension Form 8868
Who Needs To File: Any tax-exempt organization that needs to extend the deadline for a Form 990 or Form 990-EZ. You will need to file a Form 8868, Application for Extension of Time to File an Exempt Organization Return.
The Form: By filing a Form 8868, you can get an automatic 3-month extension of time to file. If you have already received an extension, you can file for a non-automatic extension to receive an additional three months.
With Express990: Express990 supports the Extension Form 8868 only for the current tax year and the most previous tax year.
If your organization is operating on a fiscal tax year and the deadline date falls within this month, save time and get back to the celebration by e-filing with Express990. We work with the IRS to bring you a safe, secure, and accurate e-filing process, backed by expert professionals that will save you time and money.
As a matter of fact, get back to the fun at this very minute by downloading our FREE Express990 App for iOS and Android tablet device and e-file your Form 990-N (e-Postcard) while on the move. Or use our mobile site on your smartphone to e-file a 990-N or an extension. Now go on, get out of here, enjoy the holiday! *happy face*
For any questions or assistance with our service to e-file, feel free to contact our live, expert help at our headquarters in Rock Hill, South Carolina.
Phone: (704) 839-2321 (Monday – Friday, 9am – 6pm, Eastern Standard Time)
Email: [email protected]
Live Chat: www.expresstaxexempt.com