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Filing a 990 form goes beyond regulatory compliance—it’s open to the public and demands accuracy, clarity, and attention to detail, which adds complexity to the filing process. Unlike other tax forms, Form 990 requires extensive operational and financial reporting, making it even more intricate and time-consuming.
That’s why Tax990 is dedicated to simplifying and streamlining nonprofit tax filing while continuously enhancing ourselves to provide an ultimate filing experience for nonprofits and tax professionals.
What’s New on Tax990?
At Tax990, we’re always finding new ways to make your filing experience smoother, and more efficient. Over time, we’ve introduced several helpful updates to simplify Form 990 filing and we’re not stopping there! Now, we have taken it a step further with our latest improvements. Here’s what’s new on Tax990
Supports Form 3468 Attachment with 990-T
Form 990-T often requires multiple supporting forms based on the data being reported. We’ve been expanding our support for these essential forms to make nonprofit tax filing as seamless as possible. We already support several key forms, including Form 3800, which we introduced recently. Now, we’re taking it a step further by adding support for Form 3468.
What is Form 3468 and Why Does It Matter?
Form 3468 is used to claim investment credits for organizations that invest in:
- Qualified rehabilitation projects (such as restoring historic structures)
- Certain energy-efficient property investments
- Other qualified property improvements
For tax-exempt organizations with unrelated business taxable income (UBTI), these credits can help offset tax liabilities—but they require proper reporting. Form 3468 calculates the credit amount, which is then reported on Form 3800 before being included in the Form 990-T filing. Since these forms are interconnected, ensuring accurate and compliant filing is essential.
How Tax990 Simplifies the Process
Managing multiple supporting forms for Form 990-T can be time-consuming and complex, but Tax990 streamlines the entire workflow by automatically guiding filers through the required forms.
- When completing Form 990-T, if Form 3800 is required, Tax990 prompts you to complete and attach it seamlessly.
- When filling out Form 3800, if Form 3468 is necessary, Tax990 ensures you can complete and attach it without any extra steps.
This guided filing experience eliminates the guesswork, ensures proper form inclusion, and keeps your filing compliant and accurate—without the hassle of managing separate submissions at no extra costs!
Enhanced Copy Return Feature for Form 990
Re-entering data for Form 990 each year can be tedious, especially given the level of detail required. Tax990 has long offered a copy data option, allowing users to transfer information from prior-year returns filed with us. Now, we’ve taken it even further!
Previously, we introduced the ability to copy data from the IRS registry for Form 990-EZ. Now, we’ve extended this functionality to Form 990 as well. Even if you filed your return elsewhere, you can securely copy your prior-year data directly from the IRS registry, ensuring a faster, more accurate filing experience.
With this enhancement, less manual entry means more efficiency—allowing nonprofits and tax professionals to focus on what matters most. We’re also working on expanding this feature to support other 990 series forms, making nonprofit tax filing even more efficient.
Advanced AI Chatbot for Smarter Support
Navigating nonprofit tax filing can be complex, and timely assistance is crucial to ensuring accuracy and compliance. Tax990 already provides world-class customer support through live chat, phone, and email, connecting users with our expert team whenever they need help. Now, we’re taking support to the next level.
We’re introducing a smart AI-powered chatbot designed to assist you every step of the way. Whether you need quick answers to common filing questions, step-by-step guidance, or help understanding specific sections of Form 990, our chatbot is available instantly—anytime you need it.
This means faster resolutions, fewer roadblocks, and a smoother filing experience—all while ensuring that expert support is always within reach.
Experience the Future of Nonprofit Tax Filing!
Tax990 is designed to make nonprofit tax filing simpler, faster, and more efficient. Whether you’re a nonprofit organization or a tax professional, our cloud-based platform offers the tools you need to file with confidence. From flexible filing methods to built-in error checks and automated schedules, we take the complexity out of filing Form 990.
With our latest enhancements, filing your Form 990 is now more seamless than ever. From copying prior-year data—even from returns filed elsewhere—to supporting essential forms like 3468 and 3800 for 990-T filings, we’ve expanded our capabilities to save you time and reduce errors. Plus, with our new AI-powered chatbot, assistance is always at your fingertips.
Ready to file your 990 return?
