Is My 990 Information Return Due on September 15th?

Does your organization operate on a fiscal tax year instead of a calendar tax year? Are you unsure of what the difference is between the two? Well let’s find out right now!

If your organization operates from January 1 to December 31 it is considered to have a calendar tax year with a standard tax filing deadline each year. Organizations that function for 12 consecutive months but end on any month besides December are operated as a fiscal tax year. 

Tax exempt organizations that operate on a fiscal tax year and function from May 1 to April 30 have a tax filing deadline this Friday, September 15th to file their 990 Information Returns. 

Form 990 is considered to be the Return of Organization Exempt From Income Tax form which many tax exempt organizations such as religious groups, educational groups, charities, and other nonprofit groups are required to file each year to provide the public with financial information about their organization. 

Forms included in the Form 990 Series are Form 990, 990-EZ, 990-PF, and 990-N. Form 1120-POL, the newest ExpressTaxExempt tax form, is specifically designed for political organization tax filing. The appropriate form that your organization should file will be dependent upon the amount of gross receipts that it accumulates throughout its accounting period (tax year). 

To find out which tax form your organization should e-file, click here.

Is your nonprofit’s tax return due tomorrow (September 15)?

 

No need to worry or stress out! Our user-friendly tax filing software makes your e-filing experience very simple and easy to complete. Simply go to ExpressTaxExempt to begin filing or if you need some extra time to gather all of your information, quickly file a Form 8868 for a Form 990 Extension to avoid penalties and receive an additional 6 months of filing time for your tax exempt organization. 

Operating your nonprofit organization without tax-exempt status can be extremely challenging and quite difficult. Eliminate the worry and concern of losing your tax status or even regain tax-exempt status by filing your Form 990 series returns with us at ExpressTaxExempt. With affordable pricing and a safe, secure and easy-to-use e-filing system, organizations can quickly and accurately file their forms directly to the IRS. Need help during the filing process? No worries. We’re always here to help! Feel free to contact our support team of e-file experts at 704.839.2321 for any questions or help with the e-filing experience. We’re here to assist you Monday through Friday from 9 a.m. to 6 p.m. EST or feel free to reach us 24/7 via email at [email protected].