November 15 Deadline is Here | E-file Today!

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:

Form 990 is filed by organizations with gross receipts more than or equal to $200,000 or total assets equal to or greater than $500,000.

Form 990-EZ 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.

Form 990-N is for organizations with gross receipts that are less than or equal to $50,000. This form can only be filed electronically.

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

Click here to find out what information you’ll need to have in order to file these forms.

Is My Organization Required to File? 

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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:

1. Organizations with a tax year that ended on June 30.
2. 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

ExpressTaxExempt 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 support@ExpressTaxExempt.com.

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Final Exempt Organization Deadline of the Year

It’s on its way! If your exempt organization operates on a calendar tax year, and you filed Part II of Extension Form 8868 back in August, then Monday, November 16, is the last day you can file your tax-exempt return on time.

“Which tax-exempt return needs to be filed?”
This final deadline is for organizations who are required to file Form 990 or Form 990-EZ.

Reminder: Form 990 needs to be filed by exempt organizations with gross receipts greater than $200,000 and total assets greater than $500,000.
Form 990-EZ is to be filed by exempt organizations with gross receipts over $50,000, but less than $200,000, and total assets less than $500,000.

You also need to have been approved for Part II of the Extension Form 8868. If you have not been granted a second extension, or never e-filed for one, then your last due date was months ago and this November deadline does not apply.

“I was told my deadline was November 15.”
That is correct. Under normal circumstances, the final deadline would be the fifteenth of November. However, November 15 is on a Sunday this year. According to the IRS, if any tax day falls on the weekend, or a national holiday, it is pushed back to the next business day.

“How do I know if my organization operates on a calendar tax year?”
Your tax year period will tell you which tax year your organization works with.

• Calendar Tax Year - Only if your “tax begin date” is Jan 1. and your “tax end date” is Dec 31. can your organization be considered as operating a calendar tax year.

• Fiscal Tax Year - If your beginning and ending dates are not Jan 1. and Dec 31., then the November deadline doesn’t apply to you. You could possibly have a final deadline of December 15 if your begin date is Feb 1. and end date Jan 31.

Note: No matter if you use a calendar or fiscal tax year, your original due date will always be the 15th day of the 5th month after your tax end date. At that point, you can either file your tax return, or you can file an extension.

“What if I file the e-Postcard?”
If you normally file Form 990-N (e-Postcard), then this deadline doesn’t apply to you unless you have November 15 as your original due date to file. You can find out by using the IRS Exempt Organization Select Check. Search using your Employer Identification Number (EIN) and it’ll show when you last filed an e-Postcard along with your tax dates, and basic organization details.

Important: A tax extension cannot be filed for Form 990-N (e-Postcard). Exempt organizations are encouraged to e-file by their original due date.

Don’t wait any longer!!! ExpressTaxExempt has everything you need to stay compliant with the IRS regarding exempt organizations. We offer support for 990 forms, extensions, and coming soon our service will include applications for tax-exempt status.

Need some assistance? Have no worries because our live support team in Rock Hill, South Carolina is ready to get you through the in’s and out’s of the e-filing process. Contact us at (704) 839-2321, Monday through Friday from 9 a.m. to 6 p.m., EST. Help is only a few keystrokes away with our 24/7 email at support@expresstaxexempt.com, or through live chat at www.expresstaxexempt.com.

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#NonProfitNovember

It’s November, and quite possibly, the epitome of Autumn. By this time, even if you’re located further south in the country like we are, the weather is a bit cooler, and the leaves are showing off those beautiful, crisp, fall colors. With the time falling back an hour this past weekend, it gets dark a lot sooner in the evenings; however, the sun brightly shines even earlier in the mornings, which is good for natural sleep patterns according to health professionals.

While there are many associations with the month of November, and Autumn in general, the biggest tradition is celebrating the Thanksgiving holiday - that great time of year where we reflect on the many things each of us are thankful for. We also see humanity shine at its brightest with the moving displays of compassion through annual food drives and feeding those who are less fortunate on Thanksgiving.

It is within that vein of seasonal tradition that ExpressTaxExempt presents #NonprofitNovember in which we recognize a number of nonprofit organizations that are serving and giving back to our towns and communities. Our #NonprofitNovember campaign will share helpful management tips for nonprofits and information about IRS compliance through filing the yearly required exempt tax returns. We’ll also keep you up-to-date with the most current industry trends coming straight from the leaders of local nonprofit organizations.

#NonprofitNovember serves as an outstanding opportunity for us to get to know you, and for you to become familiar with us. You all proudly serve our communities; so why not have a team ready to serve you when it comes to e-filing your exempt returns? ExpressTaxExempt offers the quickest and easiest way to transmit your 990 forms directly to the IRS so you can spend less time filing and more on what matters most, which is being a local pillar of support. Our service includes a variety of features that you would be hard pressed to find elsewhere coupled with the best in live, US-based assistance available.

And while we all use this month to give thanks, let’s not forget to show appreciation to those who are constantly giving back to others, sacrificing time to help those in need, and volunteering for little or nothing in return. “You’re the real MVP,” as the popular Internet meme would state. And let’s also not forget to enjoy these upcoming weeks of beautiful Autumn weather. Jump in pile of colorful leaves, or take a stroll through your local park. Enjoy it soon because Winter is just around the corner right along with having to be bundled from head to toe.

Don’t be the last one prepared for the next tax season like a lone leaf hanging from a tree branch. Sign-up for your FREE account with ExpressTaxExempt right now! We won’t let you “fall,” seasonal pun intended, if you have any questions or need any assistance. Contact our live, team experts at (704) 839-2321, Monday through Friday from 9 a.m. to 6 p.m. EST. We’re also available through 24/7 email support (support@expresstaxextension.com), and live chat (www.expresstaxexempt.com).

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