Author: Stephanie
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A Deep Dive into Completing IRS Form 990: A Closer Look at Parts 7-9
The IRS Form 990 can be a complex and intimidating tax return. Whether you have recently taken on this responsibility of filing for an organization that you volunteer with or work for, or if you’re a seasoned filing expert, it is crucial to file accurately. Failing to do so can have major consequences for the…
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Breaking Down Nonprofit Tax Form 990: Navigating Parts 4-6
Form 990: it’s a document that strikes fear into the hearts of many nonprofit organizations, but it doesn’t have to be that way. We’re taking apart each scary portion of this form and shining a light on it! Welcome to the next installment of our blog where we will be breaking down Form 990 part…
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Understanding California Nonprofit Requirements – A Quick Guide
Creating and operating a nonprofit organization is a challenging feat. So much work goes into establishing and maintaining the organization’s good standing with the IRS and in many cases, their state. This blog will focus on the specific reporting requirements for the State of California. In addition to completing and filing their 990 Series Return…
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Form 990 (Part I-3): A 5-Minute Crash Course for Nonprofits
As a nonprofit organization, you are 100% dedicated to your mission and bettering your community. As the leader of the organization, you probably have many unofficial titles and endless responsibilities. At Tax990, we understand that “tax preparer” is an unofficial title that can be beyond daunting. There is a common misconception that because nonprofit organizations…
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Why Nonprofits Benefit from Building Lasting Relationships with Summer Volunteers
This upcoming weekend is Memorial Day weekend, which means the unofficial start to summer has arrived! There are so many reasons to love summer, the warm weather, the increase in free time, vacations, and the list goes on. Your nonprofit organization probably loves the summer because it brings in a flush of new volunteers excited…
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Today is the Deadline to file 990 Series Forms! Here’s A Checklist for Last-Minute Filing!
Monday is always a busy day, it’s the start of a new work week. But if you are operating a tax-exempt organization following a calendar tax year, this Monday is going to be even busier! Today (May 15, 2023) is the most significant Form 990 deadline of the year. This deadline applies to, Tax-exempt organizations…
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5 Amazing Tax990 Features That Simplify Your Last-Minute 990 Filing this May 15th!
There are just 3 business days left before the May 15th 990 deadline! The clock is ticking and you’re running out of time to meet the deadline. Now is the time to get started filing with Tax990! While 990 forms require a significant amount of information and time, Tax990 offers exclusive features to streamline and…
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Time is Running Out for California Nonprofits to E-file CA Form 199!
Is your nonprofit organization operating on a calendar tax year? If yes, then you have a Form 990 deadline coming up on May 15, 2023! With just a week left, it’s important that you file your 990 form on time to avoid needless penalties from the IRS. Now, if your organization is operating in California,…
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May 15th is Approaching! Tax990 is here to Simplify 990 Filings for Tax Professionals
As a tax professional, dealing with taxes and deadlines is a normal part of doing business. However, having the right solution to efficiently handle all your clients’ filings is key, especially when you are required to complete 990 filings for nonprofits. With the biggest 990 deadlines of the year approaching on May 15, Tax990 is…
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The Biggest Form 990 Deadline of the Year is This Month!
May marks a big deadline for 990 series forms. Yes! Tax-exempt organizations whose tax years run from January through December (a calendar tax year) must file their 990 series form by May 15th. Additionally, organizations whose tax year runs on a fiscal tax year that ends in June but filed for a 6-month extension must…