ETAX990NBLOG

File a Tax Extension Form 8868 in This Summer

Though you have come out of the major tax deadline, the summer tax season is still in full swing especially for tax-exempt organizations, non-profits, and charities. Still did not file returns for your organizations? Or forgot to do so? There is the easiest solution to file Form 8868 tax extension in this summer.  The tax filers of the nation are having a deep breath as they have survived the current financial year’s tax return deadline. As an...

E-file Tax Exempt Return Form 990-N and Extension at Anytime

The tax season has started and all taxpayers are getting ready to file their exempt organizations to file tax returns and filing e-Postcard process before the deadline May 15th. Also, the tax-exempt organizations are expected to file their annual information return to IRS every year. Filing a tax return either Form 990N e-Postcard or Form 8868 Extension in between your tight work schedule is always a problem as it takes much time and effort to file them even if you are...

Series of 990 Forms for Tax Exempt Organizations Filing

The great advantage to charities and non-profits that IRS is extending through its Forms is to ensure the noble services being rendered to disadvantaged in a sustainable manner. Unlike businesses making profits and who must pay income taxes, charities and non-profits do not have to pay income taxes. Also, Non-profits and charities don’t file tax returns like businesses either. However, that doesn’t mean they don’t have IRS 990 tax filings to deal with. Subject to some important...

IRS Cancels Tax-Exempt Status for 275,000 Nonprofits

IRS in a statement in June 8th 2011 and as well as updated and posted on April 14th 2014 on their website points out that approximately more than 275,000 non-profits have lost their tax-exempt cases because of non-compliance with the rule of IRS for not filing annual tax returns for consecutive three years. Though this number is only an approximation as released and can find in IRS website under separate lists of affected organizations of each state...