IRS Mandates Electronic Filing of Form 990
As a tax-exempt organization, you probably know all about Form 990 returns. While filing your 990 return is an important part of upholding your tax-exempt status, the process can be a bit tedious. It’s not only a time-consuming task for the filers, but it’s also overwhelming for the IRS. The IRS is constantly receiving tax returns, which means processing all the returns can take quite a long time. Luckily, there’s always technology that can help make our lives easier!
That technology is e-filing! E-filing makes transmitting returns to the IRS quick and easy. Also, with e-filed returns, the IRS is able to process them at a much faster rate than paper-filed returns. Due to the many benefits of e-filing, the Taxpayer First Act was passed and enacted on July 1, 2019. The Act requires tax-exempt organizations to electronically file information returns and related forms. The new law affects tax-exempt organizations in tax years beginning after July 1, 2019.
That means, if you filed Extension Form 8868 in May or your tax year ended on June 30th, your IRS Form 990 deadline is November 15th, 2021 and you will need to file your return electronically!
With the help of an online e-filing service, your organization will be transmitting an accurate return in no time. ExpressTaxExempt is an IRS authorized and trusted e-filing service that will ensure your 990 returns are filed properly and on time!
Meeting Your November 15 Form 990 Deadline
Although organizations are now required to file Form 990 returns electronically, we guarantee it will make your filing process a lot easier. Here are some helpful features that you can take advantage of when you e-file your 990 return with ExpressTaxExempt:
Secure Filing
ExpressTaxExempt meets strict e-file security guidelines to ensure filers’ information is protected and their returns are submitted securely. After you’ve transmitted your return, you will receive your IRS filing status instantly as well as real-time updates regarding the status of your return.
Accurate Returns
Our internal audit check feature will help ensure your Nonprofit Form 990 return is accurate and ready to be transmitted to the IRS. If the audit notifies you of any errors on your form, you can easily fix these errors before transmitting your return.
Another way users can guarantee their return is correct is with the manage reviewers and approvers feature. With this feature, filers can invite users to review their IRS Form 990, add comments, and make any necessary changes.
Simple and Quick
With ExpressTaxExempt, you never have to file your return alone! Whether you want a second eye to look over your return or assistance during the filing process, ExpressTaxExempt makes it possible.
Organizations can easily create additional ExpressTaxExempt user accounts for staff members. In doing so, the staff members can provide assistance with completing the form. This feature helps to lessen the burden of filing a 990 return.
ExpressTaxExempt also has a dedicated support team that is there to assist you during your filing and answer any questions you may have. The support team will help you solve issues quickly and accurately!
ExpressTaxExempt
The November 15th deadline will be here before you know it! So, don’t wait to file. Get started e-filing your return today with ExpressTaxExempt.
