ETAX990NBLOG

Why Small Tax Exempt Organizations Must File Annual Electronic Notice IRS 990-N?

IRS has given the privilege to small non-profit exempt organizations whose annual income normally is $50,000 or less to file the annual electronic notice called e-postcard the 990-n and not the full form 990 or 990-EZ because they are small and doing a service to society with fewer contributions in receivables of kind and money from donors and so it is naturally impracticable for them to maintain an office administration expenses. So IRS is helping the small...

Filing IRS 990-N Form is a Benefit For NON-Profits Offered by IRS

The non-profit organizations except churches should file an annual income information return since 2010. 990n is a simple form online for such non-profit organizations to file returns online every year. The gross revenue that IRS laid down for filing under 990n should be less than $50,000 per year. Churches, their integrated auxiliaries, and conventions or association of churches are exempted from filing this form 990n with IRS through e-postcard. The Form 990N is very simple. There are only...