IRS Tax-Exemption Questions Answered: Essential Insights for Nonprofit Professionals
Check out the most common questions that all nonprofit leaders face on the topic of tax exemption - with answers!
Understanding the 990-T Form: Navigating Unrelated Business Income Reporting
The Form 990-T plays a crucial role in the financial reporting landscape, providing organizations with a means to calculate and disclose their unrelated business income to the IRS. In essence,...
The March 15th Deadline for 990 Series Forms is Here: Simplify Your Filing with Tax990
Tax season brings its own set of challenges, especially for nonprofit organizations tasked with filing their annual 990 Series returns. But fear not, because Tax990 is here to revolutionize the...
Navigating the February 990 Deadline with Tax990: Simplified Nonprofit Tax Filing
February is here and love is in the air, but so is the upcoming 990 deadline! Nonprofit organizations are required to file their annual 990 return with the IRS to...
Nonprofits with a January 16th 990 Deadline Must File by Midnight
It is surprising to discover that nonprofit entities face stringent filing obligations with the IRS, despite their exemption from federal income taxes. Every nonprofit organization falling under Section 501(c)(3) of...
Understanding IRS Error Codes: Not Being Recognized in the IRS Database
Completing returns in the IRS 990 series is no walk in the park. Completing this form and properly reporting all of the required financial information for your nonprofit organization can...
Tax990 is Now Accepting IRS 990 Series Returns and CA199 for the 2023 Tax Year!
It‘s a new year, and with it comes the annual responsibility for all 501(c)(3) nonprofit organizations to file their 990 tax returns for the 2023 tax year in the upcoming...
Changing Your Non-Profit Organization’s Accounting Period: A Complete Guide
When an organization receives tax-exempt status, the IRS determination letter indicates the tax year-end date. This date is the last day of the operating tax year for the organization. An...
Completing the Correct 990 Return for Your Nonprofit Organization: Tax Filing Basics
Filing your organization’s tax return can be a once-a-year task that’s easy to overlook. To help you navigate the complexities of the 990 series returns, we’ve put together a guide...