ROCK HILL, SC / ACCESSWIRE / July 15, 2024 / For nonprofit organizations, submitting the annual 990 Series return to the IRS on time is crucial for maintaining tax exemption and financial transparency. The deadline for this submission depends on the accounting period followed by the organization.
Today, July 15, 2024, is a 990 deadline for nonprofits that meet the following criteria.
Organizations whose accounting period ended on February 29, 2024.
Organizations that obtained an extension for their deadline on January 15, 2024.
Tax990 ensures a seamless filing experience, even for last-minute filers. All that's needed is the IRS-required documentation and a free Tax990 account. Clients are only required to pay filing fees when submitting their finalized 990 return to the IRS.
Simplified E-filing for 990 Series Returns with Tax990
Tax990 simplifies the complex process of filing 990 Series returns, which is essential for tax-exempt organizations to report financial activities to the IRS. Supported forms include:
Form 990-N (e-Postcard): For nonprofits with annual gross receipts of $50,000 or less.
Form 990-EZ: For organizations with gross receipts under $200,000 and total assets under $500,000.
Form 990: For organizations with annual gross receipts of $200,000 or more or total assets of $500,000 or more.
Form 990-PF: Required for all private foundations, regardless of gross receipts or assets.
Form 990-T: For organizations with $1,000 or more in unrelated business income (UBI).
CA Form 199: For organizations operating in California.
Form 8868: An extension form that organizations can use to obtain an automatic extension of up to 6 months for their 990 deadline. (Can be filed only once per tax year)
Form 1120-POL: For political organizations
Form 8038-CP: For issuers of tax-exempt bonds to claim interest payments.
Exclusive Features for Streamlined Filing
Tax990 serves as a comprehensive solution for nonprofit tax filing in alignment with the IRS mandate for electronic filing. Key features include:
Direct-Form Entry or Interview-Style Filing Options
Internal Audit Checks based on the IRS Business Rules
990 Schedules Included in the Filing Fee
Support for Prior Year Filing and 990 Amendments
Copy Return' Feature for Returning Clients
Instant IRS Notifications on Return Status
Data Security with SOC 2 Certification
Reviewers and Approvers' Feature for Collaboration
Dedicated Customer Support via Phone, Email, and Live Chat
Tax990 also provides specialized features for CPAs and tax preparers, including bulk upload options for data transfer and secure multi-user access. These PRO features are available for free from Tax990:
Team Management - Tax professionals can invite their team members, assign roles, and share the filing responsibilities.
Client Management - The completed return can be shared with the respective client for review and approval.
E-signing Options (8453-TE and 8879-TE) - Easy options to obtain the taxpayer's signature online.
Agie Sundaram, CEO and Co-founder of SPAN Enterprises (parent company of Tax990), emphasized the importance of meeting the 990 deadlines, stating, "Tax990 is dedicated to empowering tax-exempt entities, ensuring a seamless and secure filing experience. Our commitment to advanced security, intuitive filing solutions, and extended customer support hours highlights our commitment to assisting nonprofits in meeting their 990 Series returns deadline, even on the day of the deadline."
Tax-exempt organizations and tax professionals can start their 990 Series e-filing journey today by creating a free account at www.Tax990.com.
About Tax990
Tax990 is a leading IRS-authorized e-file provider of nonprofit tax forms. Offering solutions for nonprofits required to file Form 990-N, 990-EZ, 990, 990-PF, 990-T, California Form CA-199, and 8038-CP with the IRS, Tax990 aims to simplify the filing process, enabling nonprofits to focus on their mission.
About SPAN Enterprises
Based in Rock Hill, South Carolina, SPAN Enterprises has been developing industry-leading software solutions for IRS e-filing and business management for over a decade. The SPAN Enterprises portfolio includes TaxBandits, Tax990, ACAwise, ExpressExtension, 123PayStubs, and TruckLogics.
For media inquiries, please contact Stephanie Glanville, Content Writer, at stephanie@spanenterprises.com.
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SOURCE: Tax990
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