May 16, 2022, is a major IRS deadline for nonprofits and tax-exempt organizations. For nonprofits operating on a calendar year or who filed extension Form 8868 for the November 15 deadline, 990 series return forms are due May 16, 2022, for the 2021 tax year.
Based on the gross receipts, size, and function an organization can choose to file either Form 990, 990-EZ, 990-N, 990-PF, 990-T, 1120-POL, and extension Form 8868.
The best way to keep your organization’s filing process simple and quick is to prepare ahead of time.
When you file a form 990 series return you will need to provide details about your organization’s revenue, expenses, and changes in net assets or fund balances.
Additionally, you may need to provide a description of your organization’s programs and service accomplishments. You should be prepared to list officers, directors, trustees, and any key or highly compensated employees.
We have a Blog for that:
Nonprofits and tax-exempt organizations can be penalized by the IRS for missing their 990 series return deadline or for filing late. Knowing which form to file and what information to include can be confusing, but don’t let that keep your organization from making the May 16 deadline.
Form 990-N:visit this blog to learn how to file Form 990-N with ExpressTaxExempt.
Form 990-EZ:click here to learn how to file Form 990-EZ with ExpressTaxExempt.
Form 990: we offer form-based and interview-based filing options. Click here to learn how to file Form 990 through our form-based option and click here to learn how to file Form 990 with our interview-based option.
Form 990-T: if your organization needs to report unrelated business income and tax liabilities, click here to learn more about Form 990-T.
Form 1120-POL: we have your political organization covered with this overview of Form 1120-POL.
Need more Time?
If the Form 990 deadline for the 2021 tax year snuck up and your organization isn’t prepared to file, you don’t have to miss your deadline. For additional time to file, file Form 8868 with ExpressTaxExempt. Form 8868 provides your organization with a 6-month automatic extension no questions asked. Filing an extension Form 8868 can help your organization avoid penalties and last-minute filing stress. Click here to learn how to complete Form 8868 with ExpressTaxExempt.
Are you looking for a secure way to keep your organization IRS compliant? If so, it’s time to file with an IRS-authorized e-file provider like ExpressTaxExempt!
Our live support team is here to help your organization achieve a smooth deadline. File Form 990 series return for your organization by May 16, 2022.