Category: how to
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So You Owe the IRS Money? How-to Pay and Avoid Further Penalties
Receiving a letter can be a wonderfully personal, nostalgic experience…unless, of course, that letter happens to be from the IRS. If your organization receives a letter from the IRS saying that your organization owes money, it can seem scary and overwhelming! You’ll want to take care of the issue as soon as possible to avoid…
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Tax990’s Guide to the Reviewers and Approvers Feature: Share Your 990 and Get Feedback!
When filing a 990 Series Return on behalf of your organization, it isn’t difficult to imagine scenarios where being able to share the return with others–be they a colleague or board member–would come in handy. With Tax990, you can do just that! Tax990 provides users the ability to share their organizational return prior to transmitting…
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Let Tax990 Show You How to Complete Form 990-PF Part I!
First Things First–What is Form 990-PF and Who Needs to File it? Form 990-PF is used by the private foundations to report their revenue, expenses, direct charitable activities, capital gains, losses, officer details, distributable amount, qualifying distributions, and their income-producing activities annually to the IRS. Additionally, it also helps private foundations calculate taxes based on…
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Form 990 Schedule A: What You Need to Know and Quick Guide
In addition to filing a Form 990 or 990-EZ, nonprofit organizations often have to attach what’s known as a Schedule A. While the need to file even more paperwork with the IRS may sound overwhelming, Tax990 is here to help make the process as simple as can be! Here’s everything you need to know about…
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Form 990 Balance Sheet and Reconciliation: An Easy, Comprehensive How-to Guide
While there are some elements of your Series 990 Form that may seem more complicated or intimidating than others–take the subject of this blog, for example, the balance sheet–the process is a lot smoother when you have a handy guide with clear instructions to help you out! Below, we’ve broken down the process for…
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Form 990 Schedule A: What You Need to Know and Quick Guide
In addition to filing a Form 990 or 990-EZ, nonprofit organizations often have to attach what’s known as a Schedule A. While the need to file even more paperwork with the IRS may sound overwhelming, Tax990 is here to help make the process as simple as can be! Here’s everything you need to know about…
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How to Complete a Balance Sheet on Form 990-PF – A Quick Guide
When comes to filing out Form 990-PF for your private foundation, the IRS requires a lot of information. This means some complex calculations may be required as well. Form 990-PF is made up of several sections, one of the most troublesome for filers is the Balance Sheet in Part II. This article acts as a…
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How to Report Program Service Accomplishments on Your 990 Form
Though 990 forms primarily require financial information, nonprofits will also have to report their program service accomplishments. Learn how with this blog!
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How to Add Organization Details to Your Tax990 Account
If you need to add a new organization to your Tax990 account, look no further!
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How to E-File Form 990-T for Nonprofit Organizations
If you have to file Form 990-T and are feeling lost, look no further! We’ve put together a complete guide on how to e-file Form 990-T with Tax 990.