FILE FORM 990-N FOR TAX EXEMPT ORGANIZATIONS

SMALL TAX-EXEMPT ORGANIZATIONS TO FILE FORM 990-N (e-POSTCARD)ELECTRONICALLY

E-File Tax-Exempt Organizations Form 990-N (e-Postcard) with Express990

http://www.express990.com/

Small tax-exempt organization

Information You Will Need to File the e-

Postcard

E-File Form 990-N (e-Postcard) with

Express990

Other InformationABSTRACT

START FOR FREEE-File Tax-Exempt Organizations Forms with Express990.com

https://secure.express990.com/User/AccountLogIn?type=new


SMALL TAX-EXEMPT ORGANIZATIONS INTRODUCTION




The smallest of tax-exempt organizations,

those grossing under $50,000 in receipts,

are allowed to e-file the 990-N, e-Postcard,

instead of hassling with the larger Forms

990-EZ and 990.


VIDEO on FORM 990-N

http://www.express990.com/exempt-organizations/e-file-form-990-e-postcard/

http://www.youtube.com/watch?v=6lrLwP4YnpM



INFORMATION'S YOU WILL NEED TO FILE THE FORM 990-N E-POSTCARD




• Employer Identification Number (EIN)

• Tax Year for which the organization is filling

• Legal Name and address

• Different names the Organization uses

• Website ( If you have one)

• Name and 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)




EIN (OR) EMPLOYER IDENTIFICATION NUMBER

The EIN (or) employer identification number is a

unique number that identifies the organization to the

Internal Revenue Service.

To apply for an employer identification number, you

should obtain Form SS-4 and its Instructions. You may

also apply for an employer identification number

on-line, by telephone, or by fax.


http://www.irs.gov/file_source/pub/irs-pdf/fss4.pdf

http://www.irs.gov/file_source/pub/irs-pdf/iss4.pdf

http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Apply-for-an-Employer-Identification-Number-(EIN)-Online



TAX YEAR

A tax year is usually 12 consecutive months. There

are two kinds of tax years:

• CALENDAR TAX YEAR: This is a period of 12

consecutive months beginning January 1 and

ending December 31; or

• FISCAL TAX YEAR: This is a period of 12

consecutive months ending on the last day of any

month except December.




LEGAL NAME & ADDRESS

Legal name is the name that identifies a person for

legal, administrative and other official purposes.

A legal address is the address you use for your mails

and postal letters. It should be the address of a place

where you normally reside for more than 90 days in a

calendar year.




PRINCIPAL OFFICER

A principal officer is an officer who heads a high level

office in an organization.

Gross receipts are the total amounts the organization

received from all sources during its annual

accounting period, without subtracting any costs or

expenses.


GROSS RECEIPTS



E-FILE FORM 990-N (E-POSTCARD) WITH EXPRESS990




Express990 has made it even easier. We offer a step

by step walk through that seems more like a

conversation than a tax filing.


E-FILE 990-N FLOW




Once you create an account, you will have

immediate access to filing Form 990-N and with a

couple clicks of the mouse, you’ll be done and back

to doing the things that are most important to you.

Express990 allows you to file in just minutes and

received an accepted IRS notice in around 15

minutes. If you are on the go and need to

file Form 990-N, you can easily e-file through our

mobile site: m.express990.com

http://www.express990.com/forms-990/epostcard-form-990n/

http://www.irs.gov/


http://m.express990.com/



OTHER INFORMATION




WHAT IF YOU DON'T FILE FORM 990-N?

If you choose not to file Form 990-N, or no longer qualify to file it, you may file Forms 990-EZ or 990.

A CP259E Notice is a formal notice from the IRS because their records indicate that an organization that was required to e-file a 990-N but did not. If the organization has filed its return, with the same name and EIN as on the notice, within four weeks previous to receiving the notice, it may disregard the notice.


WHAT IS IRS CP259E NOTICE?

http://www.express990.com/forms-990/irs-cp259e-notice/




WHEN IS THE E-POSTCARD DUE? HOW OFTEN DO I NEED TO FILE?

The e-Postcard is due every year by the 15th day of the 5th month after the close of your tax year (usually the same as your accounting period).

For example, if your tax year ended on December 31, the e-Postcard is due May 15 of the following year. If the due date falls on a Saturday, Sunday or legal holiday, the due date is the next business day.


http://www.express990.com/forms-990/epostcard-form-990n/



ARE THERE EXCEPTIONS TO THE REQUIREMENT TO FILE FORM 990-N (E-POSTCARD)?

Yes, exceptions to the filing requirement include organizations that are included in a group return, as well as churches, their integrated auxiliaries and conventions or associations of churches.

No, you cannot file the e-Postcard until after the end of your tax year.


CAN I FILE THE E-POSTCARD BEFORE THE CLOSE OF MY TAX YEAR?



WHAT HAPPENS IF I FAIL TO FILE THE E-POSTCARD (OR FORM 990 OR FORM 990-EZ)?

An organization that fails to file the required e-Postcard (or annual return) for three consecutive tax years automatically loses its tax-exempt status. The revocation of an organization’s tax-exempt status does not take place until the filing due date of the third year.


http://www.express990.com/exempt-organizations/automatic-revocation-of-tax-exempt-status/



Questions and CommentsExpress990

157 E Main St #200,Rock Hill, SC 29730

WEBSITE: http://www.express990.com/

BLOG: http://blog.express990.com/

Phone: 704.839.2321

Email: [email protected]



http://blog.express990.com/

mailto:[email protected]



FILE FORM 990-N FOR TAX EXEMPT ORGANIZATIONS

Business

Transcript of FILE FORM 990-N FOR TAX EXEMPT ORGANIZATIONS