How IRS Form 8868 Helps Tax-Exempt Organizations File At The Last Minute

This is a guest post by Ariel Black, Content Marketing Manager for SPAN Enterprises.

If your organization is required to file by the July Form 990 deadline and needs more time to file 990 online, your best bet for avoiding IRS penalties is to file a tax extension. You may have recently asked yourself, “When is Form 990 due?” With today being the last day to e-file IRS Form 8868, here is how to file the Form 990 extension before it is too late.

How IRS Form 8868 Helps Tax-Exempt Organizations File At The Last Minute

Despite the reason for needing additional time, the IRS will automatically grant you a six-month

extension of time to file IRS Form 990, your nonprofit tax return. Also, the application process is quick, easy, and you will likely receive approval within the hour.

IRS Form 8868 Nonprofit Tax Return Extension

If you need more time to file IRS Form 990, ExpressExtension has your back. You can use our quick and easy e-filing guide to instantly file an IRS Form 990 extension, the Exempt Organization Tax Extension Form! Zero hassle involved, simply follow our step-by-step instructions to transmit this form directly to the IRS.

The Form 990 extension due date for tax-exempt organizations with a fiscal tax year that starts in March, is July 15th. Since the 15th of this month fell on a Sunday, you have until midnight of July 16 to file a Form 990 or IRS Form 8868 extension.

What Happens If I Fail To File?

So, what happens if you don’t file your IRS Form 990? If you fail to file or submit your form late, there is a $20 penalty per-day up to $10,000 or five percent of your organization total gross receipts.

Sounds like a big mess, right?... Moral of the story --- you need to e-file a Form 990 extension using IRS Form 8868 by midnight. That’s all I am going to say.

E-file IRS Form 8868 Online

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E-file 990-N Form in Minutes with New e-Postcard Application

ExpressTaxExempt proudly introduces a new service designed specifically for small nonprofit groups. Exempt organizations with gross receipts less than $50,000 can now e-file 990-N forms with the IRS just by using employer identification numbers (EINs).

With our new e-Postcard application, we’ve taken away the need to enter any filing details or drawn-out account information, so transmitting e-Postcards is faster than ever before! The entire process is quick, easy, and secure - using ExpressTaxExempt is now simple as 1-2-3!

Step 1: Search Your Organization’s EIN
Enter the employer identification number to view the filing history for your nonprofit - this shows each year you filed a 990-N (e-Postcard) and the years which you haven’t filed. Even if you don’t need to e-file, you can always use this first step to search any nonprofit and see when it last filed.

Step 2: Select a Tax Year to File
Choose the available tax years to file your e-Postcard and then enter your email address and a password - this automatically creates your free account with ExpressTaxExempt. If you already have an account, then just enter your password to proceed with the filing. Having an account is necessary for you to correct any rejected forms and receive email notifications about your filing status.

Important: The IRS supports e-filing for three consecutive years only - you won’t be able to file for years further back electronically.

Step 3: Review Form and Transmit to the IRS
Check that the information generated on your e-Postcard is current and correct. It should list the following:

• Tax Year Period
• Organization Name and Address
• Primary Officer Name and Address

All of this information comes directly from the IRS and your organization’s previously filed 990-N forms. All you have to do is confirm gross receipts are less than $50,000 and then submit your e-Postcard. If you need to change any organization or primary officer details, you can “Edit” before transmitting.

And that’s all there is to it! You can print a copy of your 990-N (e-Postcard) immediately after sending it to the IRS, and we’ll email you an approval letter once the e-file is accepted. You can check your filing status any time by entering your return number and email address. ExpressTaxExempt makes it super easy to e-file before the May 15 deadline.

If you have any questions about e-filing your 2016 990-N form with our new e-Postcard application, please contact our U.S. - based customer support team at 704.839.2321, Monday through Friday from 9 a.m. to 6 p.m. EST. We’re also available via email with support@expresstaxexempt.com.

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