Tag: nonprofit oprganization
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Easy Last-Minute Filing: Tax990’s Time-Saving Features for Nonprofits and Tax Professionals
In this blog, we’ll discuss the extensive features Tax990 offers and how it simplifies the filing process.
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Navigating IRS Form 990 Filing for Nonprofits: A Guide
Nonprofit organizations juggle many responsibilities to ensure smooth operations and financial health. Filing IRS Form 990 is a critical part of this, as it ensures compliance with IRS regulations. When it comes to filing the 990 series return or understanding IRS processes, Tax990 is here to assist you every step of the way. While you…
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Understanding the 990-N Form: A Guide for Small Nonprofits
This blog post explains the key details of the 990-N form, its filing requirements, and the benefits of using Tax990 for streamlined compliance.
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Recruiting Volunteers: Building a Strong Foundation for Your Organization
Summer is the perfect time to recruit new volunteers and create new opportunities for your current volunteers!
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Time is Running Out to E-file Your 990 Return! Meet Your Deadline in Style with Tax990
Time may be running out, but Tax990 has your filing needs covered – learn how!
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Unlock Streamlined Nonprofit Tax Filing with Tax990’s Staff Management Feature
Learn how Tax990’s Staff Management tools can cut down your filing time and help your organization meet the upcoming 990 deadline!
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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, it’s the document that separates income generated from activities unrelated to the organization’s primary mission. Here’s a comprehensive guide to unravel the nuances of the…
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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 the IRS tax code, which grants tax-exempt status, is mandated to submit an annual 990 series return to the IRS. What prompts such meticulous reporting…
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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 be a time-consuming process. Errors can happen- but what should you do when they do? Error codes from the IRS can be tricky, but this…
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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 organization’s tax year is a 12-month time frame in which the organization operates and reports financial information. An organization can have either a calendar tax…