The May 16, 2022 Form 990 Series Return deadline is only one week away. Nonprofits and tax-exempt organizations that file using a calendar tax year or who filed Form 8868 in November may need to meet Form 990 filing requirements for the 2021 tax year by May 16, 2022!
ExpressTaxExempt is here to help your organization meet the May 16 deadline on time to avoid potential penalties. Take a look at this quick review of your IRS due date, the IRS’s e-filing mandate for the 2021 tax year, and the 990 series forms your organization may be required to file.
May 16, 2022 Form 990 Deadline
Form 990 deadlines are determined by the 15th day of the 5th month following the end of an organization’s accounting period. This means that May 16 is a major deadline for many nonprofit and tax-exempt organizations filing under a calendar tax year. If this is the case for your organization, you should file your 990 series return on or before this deadline in order to avoid any IRS penalties, including losing your tax-exempt status.
An organization that fails to file Form 990 three years in a row runs the risk of the revocation of its tax-exempt status.
IRS Form 990 Mandate
The IRS requires that all Form 990 Series returns be filed electronically. That’s where ExpressTaxExempt comes in! Working with an IRS-authorized e-file provider, like ExpressTaxExempt, is a great way to meet your deadline safely and effectively. Here are a few more reasons why you should consider e-filing with ExpresstaxExempt:
Multiple Ways to File: ExpressTaxExempt offers form-based and interview-style filing to simplify completing 990 series forms for the 2021 tax year
990 Series Schedules: Applicable Form 990 Schedules will auto-generate based on your organization’s return information.
Save Time with Multiple Filings: Certain information from your previously filed Form 990 or Form 990-EZ can be copied for use on future returns.
Past Returns: When you file with ExpressTaxExempt you can download and email your organization’s return to yourself with the My Tax Return feature.
Re-Transmit Rejected Returns: If you e-file your original 990 series return with ExpressTaxExempt and it is rejected for errors, you can re-transmit your return at no additional cost!
Internal Audit Check: An error-free return isn’t as far off as you may think with ExpressTaxExempt’s internal audit feature which reviews your organization’s return for IRS instruction errors.
Cloud-Based Software: Safe and secure is the ExpressTaxExempt way! Our cloud-based software keeps your account information and return records stored safely so that you can easily access them at any time.
Live Customer Support: ExpressTaxExempt’s live customer support team is available via phone, email, and live chat to assist your organization throughout the filing process.
ExpressTaxExempt offers exclusive features to enhance your organization’s 990 filing process. See for yourself today by filing your 990 series return with ExpressTaxExempt.
ExpressTaxExempt supports e-filing for Forms 990-EZ, 990, 990-N, 990-PF, 990-T, 1120-POL, and extension Form 8868. The form your organization should file is based on IRS requirements and is dependent on organization size, function, and gross receipts.
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.