Showing posts with label One Time Special Filing. Show all posts
Showing posts with label One Time Special Filing. Show all posts

Tuesday, July 27, 2010

Tax Relief for Small Non-Profits! Your Organization may be at Risk at Losing Your Status

(Link) IRS Announcement - For Small Charities

(Link) One Time Relief for Small Organizations that Failed to File the last 3 Years - Do not delay!

July 26, 2010 - The IRS Announced a Special One Time Filing for Small Charities required to file a yearly 990 for their organization. The rule requiring such filing was enacted in 2005, exempting Churches and other Religious Organizations.

Non-Profits who have not filed in 2007, 2008, and / or 2009 may be in danger of losing their tax-exempt status, rendering contributors unable to claim a tax-deductible donation. Charities who have acquired at least $1,000.00 are required to file.

Those required to file will have two choices; File a 990-N (This is only if you do not have all of your paperwork). For those who do, you may file the 990-EZ

A Toll-Free Help number is established to assist Small Charities in filing out the 990 forms. Phone Help - If you have questions and/or need help completing Form 990, please call 1-877-829-5500. This toll-free telephone service is available Monday through Friday.

(Link) 990 PDF from the IRS