While most taxpayers are focused on the individual tax filing due date, there’s another deadline looming. In addition to being the revised individual and corporate due date for the 2019 tax year, July 15, 2020, marks the filing deadline for many tax-exempt organizations. Information returns for tax-exempt organizations are ordinarily due on the 15th day…
There’s one more filing tax deadline to go this spring. The 15th day of the fifth month after the close of the tax year, or May 15, 2019, is the deadline for many tax-exempt organizations to file tax information returns for 2018. It used to be the case that certain information returns only applied to organizations that…
Don’t put those sharpened pencils away just yet. There’s one more tax filing deadline looming: Tuesday, May 15, 2018, marks the filing deadline for many tax-exempt organizations.
Tax season isn’t over just yet! Friday, May 15, 2015, marks the filing deadline for many tax exempt organizations. Information returns for tax exempt organizations (called the 990-series) are due on the 15th day of the fifth month after the close of the tax year. That means that tax exempt organizations with a calendar year…
While most taxpayers – including for-profit corporations – have already filed their tax return (or extension) for the year, it’s still filing season for many tax-exempt organizations. There are just a few days left for those organizations to comply: for most tax-exempt organizations, the key date is May 15. May 15 is the filing deadline…
The IRS has announced a change in the reporting requirements for small tax-exemption organizations. Beginning in 2007 (for tax year 2006), organizations with gross receipts of less than $25,000 were required to file a form 990-N (sometimes called an “e-Postcard”) with the IRS each year. Beginning in 2011 (meaning the 2010 tax year), the threshold…
The IRS has been ramping up its campaign advising that charitable organizations of all sizes are now required to file annual information returns. The annual gross receipts of the charitable organization determines the kind of return to be filed. This has become a confusing issue for many smaller charities which have inconsistent receipts – some…
Years ago, small tax exempt organizations had it easy. So long as they raised less than $25,000 in a calendar year, they general didn’t have to file an informational return with IRS. Easy. That all changed in 2006. The Pension Protection Act of 2006 made it mandatory for most tax-exempt organizations to file an annual…
