Upcoming Form 990-N Deadline: Be Sure to File by July 15

An important deadline is approaching for tax exempt organizations and Form 990-N e-filers! Organizations that operate on a fiscal tax year may need to file a return by next week in order to keep their organization's current tax exempt status.

Form 990-N (e-Postcard) is due every year by the 15th day of the 5th month after the close of your tax year. A tax year is usually 12 consecutive months and is categorized as either a calendar tax year (January 1 - December 31) or a fiscal tax year (a period ending on the last day of any month except December).  Organization’s whose fiscal tax year ended in the month of February should file their Form 990-N via ExpressTaxExempt  by July 15. Since the July 15 due date falls on a Saturday, you will have two extra days to submit since filing will be extended to the following business day, which would be Monday, July 17th. Once again, all 990-N Forms for groups that have a fiscal tax year which ends in February should file no later than Monday, July 17th.

Although there is no penalty for filing Form 990-N late, organizations that fail to file for three consecutive years will automatically lose their tax-exempt status.

Filing a Form 990-N (e-Postcard) for your organization is very easy through ExpressTaxExempt and can be completed in three simple steps:

Search Organization's EIN 

• Enter your Employer Identification Number (EIN) to view filing history and e-file your Form 990-N to the IRS. 

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. 

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. 

And just like that, your form is filed with the IRS and your organization remains tax exempt. It’s really easy as 1-2-3! If things are busy with your organization and you just don’t have the time to file the Form 990-N you can just take a few minutes and file Form 8868 with ExpressExtension and apply for a 6-month filing extension to get some more time.

Although your organization’s due date may not be July 15, you may have one coming up soon. Reference our Fiscal Tax Year Filing Calendar chart below to find out your deadline:

Tax Year Begin Date	Tax Year End Date	Form 990 Deadline
January 1	December 31	May 15
February 1	January 31	June 15
March 1	February 28/29	July 15
April 1	March 31	August 15
May 1	April 30	September 15
June 1	May 31	October 15
July 1	June 30	November 15
August 1	July 31	December 15
September 1	August 31	January 15
October 1	September 30	February 15
November 1	October 31	March 15
December 1	November 30	April 15

As always, 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 here to assist you Monday through Friday from 9 a.m. to 6 p.m. EST or feel free to reach us 24/7 via email at support@ExpressTaxExempt.com.

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Automatic Extension Deadline is August 15

Time is quickly winding down, and if you filed an Exempt Organization Extension Form back in May, it’s now time to file either your Form 990 or Form 990-EZ to the IRS. Honestly though, where has the time gone? It seems like just yesterday we had the entire summer season ahead of us with clear skies, hot temperatures, and a laundry list of summer plans. While warm temperatures may still linger for a bit longer, the year pushes forward–tax deadlines and all.

When filing for your August 15 deadline, make sure you file the appropriate 990 form for your organization.

• Form 990 (Long Form) - For tax-exempt organizations with gross receipts greater than or equal to $200,000 and total assets greater than or equal to $500,000.
• Form 990-EZ - For tax-exempt organizations with gross receipts less than $200,000 and total assets less than $500,000.

Filing the improper form for your tax-exempt organization could leave you burned (summer pun) with fees and penalties.

Another important step is to double-check your information. Yes, you just had three months for this, but there’s nothing wrong with a last minute look. Make sure the following is current and accurate:

• Organization’s Name and Address
• Employer Identification Number (EIN)
• Internal Revenue Code Subsection (Found in your determination letter from IRS)

Your organization, or any tax-exempt organization that files a Form 990 or 990-EZ, must fully complete Parts I through XII of the tax return. Otherwise, your chances for a rejected form will be at an all-time high, much like the heat index has been this season.

You also should know which schedules need to be filed along with your tax return. When you’re completing schedules,

• Carefully read the instructions for each required schedule
• Complete all applicable parts and lines
• Answer “yes” or “no” to each question (unless otherwise instructed for a particular question)
• Make an entry on all total lines including the number zero when appropriate

For last minute checks, makes sure that your form has a signature from a current officer of your organization. Also, there’s no need for you to include any personal information not required by the IRS on the return. By doing so, you could potentially set yourself up for identity theft.

Finally, if the summer season got the best of you, it’s possible for you to file a Part II of the Extension Form 8868 to receive an additional, non-automatic 3-month extension.

Whether you’re prepared to file your 990 form or need another extension, you can finish off the Summer in good standing by e-filing with Express990. Our service supports both the Form 990, 990-EZ, and the Extension Form Part II along with other tax return forms required for exempt organizations.

For professional assistance with e-filing any of our 990 forms, contact the live experts at our Rock Hill, South Carolina headquarters by phone (704-839-2321, Monday through Friday from 9am to 6pm EST), email (support@expresstaxexempt.com), or live chat (www.expresstaxexempt.com).

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Tax Deadline: Business Tax Return and Business Tax Extension

The Business Tax Return deadline is Today! If you need more time to file you can submit a Form 7004 - Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns - with our sister product ExpressExtension.com.

Filing a Business Tax Extension:
Business Tax Extension Form 7004 must be filed by midnight March 17th, according to your time zone. Once it is processed by the IRS, you will be granted an automatic 5 or 6 month tax extension depending on the business type.

Who is Form 7004 for?
A Business Tax Extension can be use by:

• - C-Corporations and S-Corporations
• - Multi-Member LLCs and Partnerships
• - Trusts and Estates

What is needed to file From 7004?
You will need the following information: business name, address and Tax-ID/EIN. Make sure your information matches what the IRS has on record. You can verify your information with them by calling 1.800.829.4933

If you have any questions regarding the filing of a Business Tax Extension Form 7004, contact the Express Extension Support Center via phone: 803.514.5155 or email: support@expressextension.com   

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