How To File By the July Form 990 Deadline

We are almost halfway through another month which means a new Form 990 deadline is right around the corner.

Exempt organizations with a fiscal tax year starting in March must file IRS Form 990 by the July 15 deadline.

However, with July 15 falling on a Sunday this year, you technically have until Monday, July 16 to file your IRS Form 990. Woot woot! \o.o/

Let’s review how to file by the July Form 990 deadline to keep your organization in good standing with the IRS.

How To File By the July Form 990 Deadline

Select The Correct Form 990

There are four types of 990 Forms that exempt-organizations can file. Here’s a super-quick guide on the IRS Form 990 Series to help you determine which 990 Form to file:

Form 990:

If your tax-exempt organization’s gross receipts are greater than $200,000 and your total assets (art, historical pieces, etc.) are greater than $500,000 then this is the form you are searching for.

Form 990-EZ:

If your charitable organization’s gross receipts were less than $200,000, and your total assets are less than $500,000 you will need to file Form 990-EZ.

Form 990-N:

If your organization’s gross receipts for the previous fiscal year were less than $50,000, then this form is for you. This one is actually very different from the other types and is referred to as an e-Postcard.

Form 990-PF:

Form 990-PF is filed by Exempt & Taxable Private Foundations as well as Non-exempt Charitable Trusts which the IRS treats as private foundations.

IRS Form 990 E-filing Checklist

Before completing your organization’s Form 990, take a moment to locate and organize all your necessary tax-related information to make the filing process easier and less time-consuming.
Depending on which Form 990 you must file, a variety of information will need to be provided:

Information Needed To File Form 990-N
Employer Identification Number Legal Name Fiscal year period	Principal Officer Current Address Gross Receipts under $50,000

Information Needed To File Form 990/990-EZ/990-PF
EIN Legal Name Fiscal year period Current Address Contact number Exemption type List of Officers and Key Employees Prior year return Contributions for the past 5 years Other Revenue details Expenses Investment Income details Numbers of Employees, Contractors & Volunteers	Organization’s Mission Accomplishments for the year (Grants Paid, Projects finished, etc.) Donor Advised Fund Information Endowment Funds Information Assets              (Art, Historical treasures, etc.) Policies Details of Activities (Political, lobbying, foreign transactions, etc.) Related organization

How To File Form 990

Now that you know how to file by the July Form 990 deadline, file online using ExpressTaxExempt’s self-guided filing process. We assist tax-exempt and nonprofit organizations by providing automatic schedules and worksheets, 100% US-based customer support, prior year filings, and more! Register today and let us help you stay in good standing with the IRS.

File IRS Form 990

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Best & Worst Ways to E-file Form 990

The May 15th tax deadline for nonprofit and tax exempt organizations is coming up quick. You may have been playing the procrastination game up until this point, but now it is time to e-file your form. Express990.com provides e-filing of Form 990, 990-EZ, and 990-N that will help you break your procrastination habit and e-file well before the deadline. Now let's mix fun and taxes and go over the best and worst ways to e-filing your Form 990.

The Best
You probably already know I am going to say that Express990.com is the best way to transmit your 990 form to the IRS, and you would be correct my friend. It is the best solution available, but there is a bit more to it.

Form 990
Once you have organized all the information you need to e-file Form 990, our system will walk you through the entire process. If you are used to paper filing Form 990, oh honey your life is about to change for the better. First, you will be doing good for the planet because e-filing requires no paper. Second, you will save yourself from headache and stress because you don't have to worry about ink smudging, information being entered in wrong and you can't fix it, you don't have papers all over the place, and I'm telling you - less paper saves lives. I really could go on and on about all the benefits of e-filing with Express990.com, but we have other forms to cover.

Form 990-EZ
The best way to e-file your 990-EZ is with Express990.com. With these long forms, it is easy to miss sections but e-filing provides you with the advantage of highlighting every section that needs to be completed. Our system walks you through each and every step so you don't miss anything and that makes the entire process so much easier. Express990 also provides great education on every schedule for the 990-EZ. If you do get stuck or have a question, call our amazing customer support team.

Form 990-N
If you need to e-file your 990-N in a few minutes and get back to work, Express990 provides a few options for you. You can quickly e-file on your computer or using our Express990 App. There's an app for everything these days. The entire process for e-filing your 990-N is quick and easy. We provide helpful prompts to guide you the entire way. The best part is that it is completely FREE to e-file for the current tax year. Get started now at Express990.com or download the Express990 App on your Apple or Android device.

The Worst
Honestly, the worst way to e-file your 990 is to not do it at all. If you miss filing your 990 (any form from the series) for 3 consecutive years, you will lose your tax exempt status. Then it's a big mess that has to be worked out with the IRS directly and nobody wants to go through that.

Another worst way is to not contact the Express990 Support Team if you have a question. We don't want you to just guess, guessing causes returns to be rejected. Contact the Express990 Support team with any question you may have via phone: 704-839-2321 or email: support@expresstaxexempt.com.

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Exempt Organization May Tax Deadline

Before we get into the fun stuff, let's take a moment to enjoy the fact that it's May! Summer is almost here, and even though I live in the South, summer is one of my favorite seasons. Warmer weather means outdoor concerts and that is my jam. Okay, I'll put on my serious hat for a minute (slightly serious) to discuss a major deadline in May for Exempt Organizations.

A majority of Tax Exempt Organizations follow a calendar year for filing their taxes. This means that your Exempt Organization Income Tax Return is due May 15th. Express990.com revolutionized the way you file your Form 990 to the IRS. We even provide extension Form 8868 to extend your deadline if you need more time.

990 Forms Supported by Express990

Form 990
Available Soon. Form 990 is an information return used by organizations with gross receipts greater than or equal to $200,000 or total assets of greater than or equal to $500,000. This form takes a bit of time to complete because of the many parts you have to finish before you can transmit to the IRS. Paper filing this form was not an easy task and if you made a mistake...we're not even going to get into that nightmare. E-filing Form 990 will save you a lot of time and prevent major headaches because you can start and stop at any point and always come right back to where you left off. There are helpful prompts to guide you through the entire process and show you where to put everything.

Form 990-EZ
Form 990-EZ is used by organizations with gross receipts of less than $200,000 or total assets of less than $500,000. This form contains many different schedules that must be completed before transmitting to the IRS. Our system provides in-depth prompts to show you where everything goes and your information is always saved within your Express990 account. E-filing this form is an easy way to boost Greener Initiatives in your office and you know that once your transmit your form, it goes straight to the IRS. No mail carriers, no stress, no doubt that it goes exactly where you need it to.

Form 990-N (e-Postcard)
Form 990-N is used by smaller exempt organizations with $50,000 or less a year in gross receipts. The exceptions to this requirement include: organizations that are included in a group return, churches and conventions or associations of churches, and organizations required to file a different return. This form is the smallest in the 990 Series and only takes a few minutes to complete. It is like a very condensed form of the 990. Express990 has made e-filing this form even easier by releasing the Express990 App that allows clients to e-file from any location. The Express990 App is free to download and is available on App Store and Google Play.

Form 8868 To Extend Your Deadline
If you need more time to file your 990 form (990-N deadline cannot be extended) you can easily e-file Form 8868 with Expres990.com. This form comes in two parts so you can e-file for an automatic 3 month extension and if you need more time then you can e-file Part II or an additional 3 months to file. You only need a few tid bits of information to e-file Form 8868 and it can be completed and transmitted to the IRS in minutes.

If you have any questions about e-filing your Exempt Organization Income Tax Return with Express990, don't hesitate to contact our amazing support team via phone: 704-839-2321 or email: support@expresstaxexempt.com 

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