Tax990 Is Now Accepting 990 Forms for the 2024 Tax Year

Tax990 is now ready to accept 990 returns for the 2024 tax year! Don’t wait – streamline your 990 filings early and stay focused on your mission while we take care of the filings for you. This blog covers Tax990’s early filing option and its new features for this upcoming tax season.

E-File Early With Tax990 and Stay Ahead of the Game!

The IRS will start accepting your 990 returns for the 2024 tax year from January 1, 2025. With Tax990, you can start filing your 990 returns today and streamline your filings as early as possible. This enables you to file returns early, review them for accuracy, and make necessary updates, all before IRS processing begins. 

990 Forms Supported by Tax990

Tax990 caters to all nonprofit filing needs, supporting every type of Form 990:

• Form 990-N: For nonprofits with gross receipts of $50,000 or less.
• Form 990-EZ: For nonprofits with gross receipts under $200,000 and assets under $500,000.
• Form 990: For nonprofits with gross receipts of $200,000 or more (or) assets exceeding $500,000.
• Form 990-PF: For private foundations.
• Form 990-T: For nonprofits with $1,000 or more in unrelated business income.

What’s New for This Tax Season? 

Tax990 continues to evolve to better serve nonprofit organization’s filing needs. Here are our latest features:

• Exempt Organization Search: With Tax990, filing your returns just got a whole lot easier! Simply enter your organization’s EIN to instantly access all your details and 990 filing history. From there, you can directly proceed to file your required return without any intricate steps.
• Support for New Forms: Tax990 now supports Form 3800 (General Business Credit), a supporting document for Form 990-T and 990 Schedule K (Supplemental Information on Tax-Exempt Bonds), offering even more filing options, as simple as ever.
• Highlighting Audit Error: Spot and resolve filing errors in no time with highlighted audit issues for seamless accuracy.
• AI Chat Bot: Our smart new chatbot feature is here to provide instant answers to all your questions.
• Enhanced UI: Now get a smoother and even more intuitive experience and file your forms seamlessly by accessing IRS line-by-line IRS instructions right from Tax990.

Why Choose Tax990?

Nonprofit tax filing doesn’t have to be stressful. With Tax990’s user-friendly platform and robust features, you can save time, ensure accuracy, and stay compliant—all in one place.  

Here’s how we streamline your tax filing experience:

Flexible Filing Methods for Every User

Whether you’re a seasoned pro or filing for the first time, Tax990 serves to your expertise:

• Interview-Style Filing: Simply answer guided questions about your organization and finances. Tax990 automatically generates your form, making the process simple.
• Form-Based Filing: Enter your details into digital forms, ideal for experienced filers who prefer the traditional filing approach.

Smart Features for Streamlined Filing

• Automatic Schedule Inclusion: Tax990 identifies and includes all relevant schedules based on your information—at no extra cost.
• Internal Audit Check: Our system reviews your form against IRS guidelines, flagging errors instantly and providing corrections for accurate submissions.
• Free Retransmission of Rejected Returns: If your return is rejected, fix and retransmit it without paying extra.

Exclusive Tools for Tax Professionals

• Staff Management: Add team members, assign tasks, and track progress effortlessly.
• Client Management: File for multiple clients, secure their approvals, and stay organized.
• E-signature Options: Obtain client signatures for Forms 8453-TE and 8879-TE easily, simplifying the compliance process.

What are you waiting for? Start filing your 990 returns now and get a head start on this tax season! Streamline your filing process and stay ahead of the 990 deadlines.