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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3 Major Tips For Last Minute Filing

Filing taxes under pressure can be stressful and a headache, to say the least. With the November 15 deadline quickly approaching for fiscal tax year organizations that operate from July 1 - June 30, the pressure is on to submit your appropriate 990 tax return by tomorrow. 

Here’s a few last minute tax filing tips that can be helpful when meeting the November 15 deadline:

Know Which Form To File

The quickest way to have your 990 return rejected is to file the incorrect form. This detailed list of the the Form 990 series will help you understand what specific form your organization needs to file. 

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.

• Information Needed: Program services, revenue, expenses, supplemental financial statements, net assets, balance sheets, list of employees, other IRS filings, and tax compliance along with the organization’s governance, management, and disclosures.

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.

• Information Needed: Organization’s EIN, gross receipts and assets must be provided. Also, all appropriate, required Schedules must be completed and attached when filing Form 990-EZ.

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.

• Information Needed: Organization’s EIN, tax year, legal name & address, different names used by the organization (if applicable), website (if applicable), name & address of a principal officer, confirmation of gross receipts of $50,000 or less, and a statement that the organization is going out of business (if applicable). 

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

• Information Needed: Organization’s name and EIN (as it appears on IRS records), organization’s revenue and expenses, net assets, capital gains and losses for tax on investment income, charitable activities, program-related investments, as well as information on its officers, directors, trustees, etc.

E-file with an Authorized E-File Provider

E-filing tax returns for your exempt organization makes life so much easier; especially with ExpressTaxExempt. With our 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 so you can quickly file the correct 990 Form for your organization. For more information on e-filing pricing, click here. 

Simply follow the 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!

Are you completely overwhelmed and need more time to file your 990 return? No worries! We even offer Extension Form 8868 which provides you with an additional 6 months to file. 

Meet The Deadline

Although the clock is ticking, you still have time to file and transmit your organization’s 990 return directly to the IRS by the November 15 deadline. As the #1 authorized e-file provider, ExpressTaxExempt will guide through the entire filing experience. 

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 or reach us 24/7 via email with support@ExpressTaxExempt.com.

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What Taxes Does Your Nonprofit Need to File?

As the seasons change and the holidays quickly approach, it’s pretty easy to unintentionally put tax
filing concerns on the back burner.

While some organizations may have already filed their 990 forms this year, others that operate on a fiscal tax year might have a deadline that is right around the corner. 

If your tax exempt organization operated on a fiscal tax year of July 1, 2016 - June 30, 2017, you must file Form 990-N, Form 990-EZ, Form 990, Form 990-PF or Form 1120-POL by next Wednesday, November 15, 2017.

Filing Form 990-N (e-Postcard) with ExpressTaxExempt is very easy and can be completed within minutes. With just three steps, you can file and transmit your Form 990-N (e-Postcard) directly to the IRS and keep your exempt status. 

How To File Form 990-N

1. Search Organization’s EIN - Enter your Employer Identification Number (EIN) to view filing history and e-file your Form 990-N to the IRS. 
2. Select Filing Year - Choose the available tax year from your filing history list to e-file and create an account to review your filing details. You can also update any of your organization information if necessary. 
3. Review & Transmit to the IRS - Complete payment information and transmit your e-Postcard to the IRS instantly. You can review your payment receipt or summary of e-Postcard once you transmit your return.

Information Needed To File Form 990-N

Employer Identification Number (EIN)

Tax Year

Legal Name & Address

Different Names Used By The Organization, if applicable

Website, if applicable

Name & Address Of A Principal Officer

Confirmation Of Gross Receipts Of $50,000 Or Less

A Statement That The Organization Is Going Out Of Business, if applicable 

Benefits of Filing with ExpressTaxExempt

Why should you e-file with ExpressTaxExempt instead of other tax filing providers?

Honestly, the list of reasons is too long to post, but here are a few reasons why:

With ExpressTaxExempt you can e-file your 990-N as well as 990-EZ, 990, 990-PF, or 1120-POL forms in the most simple and easiest method possible. We even offer extension Form 8868, which provides you with an additional 6 months to file.

Our recently reduced pricing for filing Form 990 Series returns is paired with several exclusive features such as bulk upload for large amounts of information, mobile filing for iOS and Android devices, error-checks which make sure you don't leave any necessary fields blank, and live phone, chat and email support for any questions you may have.

Furthermore, ExpressTaxExempt takes the security of its users very seriously and ensures that all information entered and stored with our intensive, up-to-date web securities which are guaranteed to safeguard your private information. 

Final Steps

With all of these benefits, features, and reduced pricing for all 990 forms, why go through all the stress and time it takes to paper file? E-file your appropriate Form 990 Series return before the November 15 due date with the #1 authorized IRS e-file provider, ExpressTaxExempt. 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 or reach us 24/7 via email with support@ExpressTaxExempt.com.

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There's a 990 Deadline Coming Up!

*Ahem* Attention! Calling all procrasti-- uh… deadline extenders!

We know this may fall on some deaf ears as we just called on the attention of those of you who filed for not one, but two 3-month extensions of time to file your tax return, but here’s a heads up: the LAST day for organizations with their fiscal year as the calendar year to file their 990 form is in exactly one month, November 15.

Okay, it’s not exactly one month away; November 15 is on a Sunday this year so your last day to file is technically the 16th. Either way this is your month warning that you’ve got a deadline coming up. And if you’re supposed to be doing that 990 long form, you might really want to pay attention to that.

So here are some things to keep in mind as you go into your last month to prepare your tax-exempt organization’s return:

• Form 8868 cannot be used to extend the due date of Form 990-N (ePostcard). But, don’t fret: you can e-file this form at any time during the year without penalty (just don’t go three years without doing so - you’ll lose your tax-exempt status). And with Express990, you can still file your 2014 Form 990-N ePostcard for free!
• The last extended filing deadline is in ONE month, on November 16.
• Only Part I of Form 8868 automatically extended your deadline for filing, and it did so for 3 months. If you didn’t file Part II or if your Form 8868 Part II was rejected for the non-automatic 3-month extension of time, you might have only had one 3-month extension. You can contact the IRS Tax Exempt Hotline about penalties and instructions for filing late, (877) 829-5500.
• The last extended filing deadline, November 16, is in ONE month!
• If you have any questions or run into any bumps in your e-filing process while you’re filing your 990 form, the Express990 support team is here for you. You can reach us by phone, Monday - Friday, from 9 a.m. - 6 p.m. EST at (803) 514-5155 or by email 24/7 at support@expresstaxexempt.com.
• November 16, the last extended filing deadline, is in ONE month!!

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