Monday, September 27, 2010

IRS Deadline for 990-N/990-EZ Filing Relief Approaching

The October 15 deadline for filing past due Forms 990-N or 990-EZ is three weeks away. Organizations that have a Form 990-N or Form 990-EZ filing requirement and have not filed for the past 3 consecutive years can come into compliance before October 15. Otherwise, they will have their exempt status revoked automatically.

Once exempt status is revoked, the organization will have to re-file Form 1023, including paying the filing fee, in order to be reinstated as a tax-exempt organization. This is a heavy burden, but it is preventable.

Here are some helpful links to information about the Form 990-N/EZ Filing Relief program and automatic on the IRS website.
  • Frequently asked questions (FAQs)
    • Answers to commonly asked questions - One-Time Filing Relief Program
    • FAQs - Annual Electronic Filing Requirement (e-Postcard)