990 Forms are Due Today for Certain Organizations: Simplify Your Filing With Tax990

The October 15 deadline is here, and for certain nonprofits, it may be the final opportunity to submit their Form 990 and remain compliant with IRS regulations.

Selecting a reliable e-file provider with all the essential features can make this last-minute process smooth and stress-free. Below, we’ll explain what you need to know about today’s deadline and how Tax990 can help ensure you meet it efficiently.

Understanding the Form 990 Deadline

Form 990 and its variants are generally due on the 15th day of the 5th month following the end of an organization’s tax year. Depending on whether your organization operates on a calendar or fiscal year, the deadline will vary:

Calendar Tax Year: Organizations with a calendar year must file their Form 990 by May 15 of the following year.

Fiscal Tax Year: For organizations using a fiscal year, the filing deadline is the 15th day of the 5th month after the fiscal year ends.

Is Your Organization Required to File Today?

If your organization fits into one of the following categories, today is your deadline:

If your organization’s fiscal year ended on May 31, today is the due date for submitting your Form 990.

If you were given a 6-month extension from the April 15 deadline, your extension expires today, so filing is mandatory to avoid penalties.

Yes! Tax990 Can Simplify Your Last-Minute Filing

Tax990 is designed to help organizations like yours navigate the complexities of filing tax forms, especially when time is running out. With an intuitive platform that ensures accuracy and compliance, Tax990 provides everything you need to meet today’s deadline efficiently.

Flexible Filing Options

Interview-Style Filing: Answer a series of questions, and Tax990 will automatically generate your Form 990 based on your responses.

Form-Based Filing: You can manually input your information directly into a digital version of the form, just like you would on paper.

Automatic Schedule Inclusion

Tax990 automatically includes all necessary 990 schedules based on your responses at no additional cost. Thus, you can be confident that nothing is missed as you finalize your submission.

Internal Audit Check

Before submitting, Tax990 conducts a thorough audit of your form, checking for any errors based on IRS guidelines. If anything needs to be corrected, you’ll receive detailed instructions on how to fix it so your filing is accurate.

Free Retransmission of Rejected Returns

If the IRS rejects your return, Tax990 allows you to correct and retransmit it without any additional costs. This ensures that even last-minute filers won’t get stuck with errors they can’t resolve.

Special Features for Tax Professionals

For tax professionals managing multiple clients or teams, Tax990 offers additional tools to streamline the filing process:

Staff Management: Easily add team members, assign tasks, and track their progress.

Client Management: Obtain approval from your clients before filing.

E-Signing Options: Acquire secure electronic signatures through Forms 8453-TE and 8879-TE.

Tax990 Supports All Form 990 Variants

Whether your organization qualifies for Form 990-N, 990-EZ, or another version, Tax990 has got you covered. Here’s a quick overview of the forms supported by Tax990:

Form 990-N (e-Postcard): For organizations with gross receipts of $50,000 or less.

Form 990-EZ: For organizations with gross receipts under $200,000 and total assets less than $500,000.

Form 990: For organizations with gross receipts of $200,000 or more or total assets of $500,000 or more.

Form 990-PF: For private foundations.

Form 990-T:  For organizations with unrelated business income of $1,000 or more.

In addition to these 990 forms, Tax990 supports other necessary filings, such as CA Form 199, Form 8868 (for extensions), Form 1120-POL, and Form 8038-CP.

Start Filing Now With Tax990!

Today is the deadline, but there’s still time to file your Form 990 with confidence. Tax990’s expert support is here to guide you through every step, ensuring your submission is accurate and on time. Don’t wait! Create your free Tax990 account now and start filing before the day is over.