The Day Has Come!! ExpressTaxExempt
put much focus on the November 15 (Form 990 Series) deadline recently to make sure all of our users were aware that they may be required to file by today to maintain the exempt status of their organization.
If you’re not aware of today’s deadline and what is due, let’s do a quick recap to bring you up to speed.
About Form 990 Series
Tax exempt organizations are required to file one of the following tax returns of the Form 990 Series annually. The Form 990 series consists of the following:
is filed by organizations with gross receipts more than or equal to $200,000 or total assets equal to or greater than $500,000.
is the Short Form Return of Organization Exempt From Income Tax and is filed by organizations with gross receipts less than $200,000 and $500,000 in total assets.
is for organizations with gross receipts that are less than or equal to $50,000. This form can only be filed electronically.
is filed by Exempt & Taxable Private Foundations as well as Non-Exempt Charitable Trusts which the IRS treat as private foundations.
to find out what information you’ll need to have in order to file these forms.
Is My Organization Required to File?
All organizations are not required to file on today’s deadline. The Form 990 deadline is the 15th day of the 5th month after your tax year ends. That means for organizations with a calendar tax year that ends in December the 990 deadline is on May 15th.
However, if you have a fiscal tax year, meaning your tax year consists of 12 consecutive months and ends any month besides December, your deadline is in a different month.
There are two types of organizations that must file today:
- Organizations with a tax year that ended on June 30.
- Organizations whose original filing deadline was May 15 but filed an automatic extension (Form 8868).
If your organization ended its accounting period (tax year) on June 30, you have the option to file your return today or apply for extension to file with Form 8868.
If your organization was required to file on May 15 and was granted a 6-month extension to file, you must file today since there is not another extension that can be filed.
The Easiest Way to File
eliminates the worry about missing your Form 990 filing deadline! With our simple, interview style e-filing process, you can complete your form and instantly transmit it directly to the IRS.
We offer easy e-filing for Form 990 Series returns (Form 990, Form 990-N (e-Postcard), Form 990-EZ, and Form 990-PF) so you can quickly file the correct 990 Form for your organization. For more information on e-filing pricing, click here
Follow the simple step-by-step guide to create your free account, enter basic information about your organization, complete the form interview, review your information and audit report, pay for your form, and transmit it directly to the IRS. The entire process is completed in 5 simple steps!
Let Us Help You File
If you have any questions, feel free to contact our support team of e-file experts at 704.839.2321 for any questions or help with your e-filing experience. We’re available Monday through Friday from 9 a.m. to 6 p.m. EST, and even offer extended customer support hours tonight for the November 15 deadline. You can also reach us 24/7 via email with [email protected]