The March deadline for 990 filings is here, and for certain nonprofits, it may be the final opportunity to submit their Form 990 for the 2023 tax year and remain compliant with IRS regulations.
Selecting a reliable e-file provider with all the essential features can make this last-minute process smooth and accurate. Below, we’ll explain what you need to know about today’s deadline and how Tax990 can help ensure you meet it efficiently.
Form 990 Deadline – A Quick Overview
Form 990 filings are typically due on the 15th day of the 5th month following the end of an organization’s tax year. For most organizations, this means the filing deadline falls in May, but if you’re working on a fiscal year, your deadline could be different. Here’s a quick look at your deadline:
- Calendar Year Filers: If your organization operates on a calendar tax year, Form 990 is due by May 15 of the following year.
- Fiscal Year Filers: For fiscal year filers, the deadline is the 15th day of the 5th month after your fiscal year ends.
Is Your Organization Required to File Today?
If your organization fits into one of the following categories, today is your deadline:
- If your organization’s fiscal year ended on October 31, 2024, today is the due date for submitting your Form 990.
- If you were given a 6-month extension from the September 17, 2024 deadline, your extension expires today, so filing is mandatory to avoid penalties.
Streamline Your Last-Minute Filing with Tax990!
We know that filing at the last minute can feel overwhelming, but with Tax990’s recent updates, you’ll experience a smoother, more efficient process than ever before. Let’s explore how we’ve leveled up:
- Enhanced Copy Return Feature for Form 990: Re-entering data every year is now a thing of the past! Tax990’s enhanced copy return feature allows you to securely import prior-year data directly from the IRS registry, speeding up your filing process. This feature is now available for Form 990 as well as Form 990-EZ, and we’re working to expand it further.
- Advanced AI Chatbot for Smarter Support: To make support even more accessible, Tax990 has introduced a smart AI-powered chatbot. Available 24/7, it offers instant assistance for common filing questions, provides step-by-step guidance, and helps with understanding specific sections of Form 990—making sure you never feel lost during the filing process.
- Support for Form 3468 with Form 990-T: Tax990 now supports Form 3468—a key form for organizations claiming investment credits, like those for historical preservation or energy-efficient property investments. If your Form 990-T requires Form 3468, Tax990 will guide you seamlessly through the process, ensuring everything is included without extra effort.
For more information on these updates, check out our recent blog.
Start Filing Now With Tax990!
Today is the deadline, but there’s still time left to file your Form 990! Tax990’s expert support is here to guide you through every step, ensuring your submission is accurate and on time. Don’t wait! Create your free Tax990 account now and start filing before the day ends.
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