Blog – Tax990

Certain Nonprofits are Required to File IRS Form 990 Returns by October 16th

Many people think that nonprofit organizations don’t have strict IRS reporting requirements because they are tax-exempt. This is a major misconception. Those who operate or work closely with nonprofit organizations...

Posted byadmin
October 12, 2023
0 Comments

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...

Posted byadmin
October 11, 2023
0 Comments

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...

Posted byadmin
October 6, 2023
0 Comments

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...

Posted byadmin
October 5, 2023
0 Comments

Filing a 990: How it Can Benefit Your Church (and Your Church’s Donation Box)

Each and every year, thousands of nonprofit organizations file a Form 990–and while IRS regulations mean that all churches (that meet the requirements of 501(c)(3) status) are not required to...

Posted byadmin
October 5, 2023
0 Comments

Form 990 Filing for Schools and Educational Organizations: Important Information and Deadlines

Do Schools and Educational Organizations Need to File a 990? Yes! Even after obtaining tax-exempt status, your School/Educational Organization still must report their financial status, activities, and certain other information...

Posted byadmin
October 4, 2023
0 Comments

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....

Posted byadmin
October 3, 2023
0 Comments

Form 990 Filling For Animal Rescue Organizations: A Tax990 Guide

While Animal Rescue Organizations are tax-exempt, there’s still certain information regarding their financial activities that must be reported to the IRS annually. This is done by filling out a Series...

Posted byadmin
September 23, 2023
0 Comments

What is Form 990’s Schedule B? How Do I File? A Tax990 Guide!

Organizations filing Form 990, 990-EZ, or 990-PF may also be required to attach Form 990 Schedule B to their forms, depending on the information they reported (in accordance with IRS...

Posted byadmin
September 19, 2023
0 Comments