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Major Reasons for Your Tax 990 N Form Rejection by the IRS

IRS Form 990N filing and submitting to IRS is easy when your Form 990N rejected by IRS. Re-filing the form 990N is becoming a common practice as the IRS started to reject many of the tax Form 990N. So it is important for every tax filer to know why the IRS 990 Form is rejected on your return and need to know how to correct it to avoid penalties or losing the tax-exempt status. Reasons for IRS...

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...

IRS Tax Form 990N Filing Tips for Non-Profit Organizations

The tax Form 990N is meant for tax exempt organizations that need to file the Form every year to maintain their tax exemption status by law. IRS tax Forms 990N are used to outline the various accomplishments of any organization and also mention the detailed financial information for its respective financial year. The Form 990N e-Postcard also has a section to help justify maintenance of the tax exemption status of any small non-profit organization. The IRS uses...

Requirements to File Small Tax Exempt Return Form 990N Online

The ‘e-postcard’ is a means of being tax exempt for all small non-profit organizations. With the tax exemption raised from $25,000 to $50,000, the IRS 990N Form can benefit non-profit organizations greatly.  The ‘e-Postcard’ that is often talked about refers to the IRS 990-N Form for tax exemption purposes for small non-profit organizations. Up until the year 2007, all small non-profit organizations did not have to file taxes if their annual receipts were below $25,000. This was...

Don’t Postpone of Efiling Form 990 N to Avoid Cancellation of Tax Exempt Status

The small charitable and non-profit organizations should do the regular annual electronic filing of the IRS e-post card 990-n when their gross receipts are usually $50,000 or less as per the instructions of Federal Government IRS. The regular annual filing of e-postcard helps small non-profits and charitable organizations to sustain with their tax-exempt status as considered by IRS which means they can just file e-postcard 990-n to show their gross receipts through the contributions accepted from different...

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...

Charity Organizations May Be Tax Exempted But Not Exempted From Filing Returns Form 990-N

Small charitable organizations qualify under section 501 (C)(3) of Internal Revenue Code are considered as small tax-exempt organizations provided that such entities qualifying for this privilege from IRS should not operate on a business motive in making a profit and share the benefit with the shareholders or partners or an individual. These tax-exempts should not forcefully or voluntarily engage to create some favorable rulings of their own for any business interest or in any circumstances show as...