Tax Form & Compliance After Obtaining 501 Status

Filing your IRS Tax Form 990 is vital to keeping your 501c3 status Your dream has become a reality. The cause that is your passion has been transformed into a functional organization. You’ve established a board, clarified your mission, adopted bylaws, incorporated, and achieved 501(c)(3) status from the Internal Revenue Service. While extensive efforts have […]

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IRS Website Forms for Nonprofits

What are all these IRS website forms for nonprofits? Running a business means you have to deal with all types of report forms. Everyone is gathering their financial documents and preparing for their annual filing with the Internal Revenue Service (IRS), part of the US Department of Treasury. You will have forms coming from both your […]

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Nonprofit Form 990 Instructions in Plain English

Form 990 instructions, accurate and timely filing Recent news reports on nonprofits have pointed out many nonprofits are at risk of losing their 501(c) (3) status.  This is primarily due to organizations not filing their annual report with the IRS.  In 2006 the Pension Protection Act implemented a rule requiring nonprofits with under $25,000 in income […]

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Back to the Basics With Your 990 Tax Form

Annual tax compliance for nonprofits Thinking of starting a nonprofit? You already know that tax-exempt nonprofits do not pay federal taxes, but did you know they have to file an information 990 form with the IRS? Many companies are confused on what a 990 tax form is. It is an IRS tax form that tax-exempt nonprofit […]

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5 Important Facts About the 990 Tax Form

990 Tax Form knowledge to keep your 501c3 in compliance It’s that time of year again. Everyone is gathering their financial documents and preparing for their annual filing with the IRS. If you’re running a tax-exempt organization, the 990 tax form should be in that mix. Here are five of the most important things you […]

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