Tax990 Refines 990-N Filing for Nonprofits and Tax Professionals

ROCK HILL, SC / ACCESSWIRE / June 12, 2024 / Nearly a month has passed since the major 990 deadline (May 15), allowing calendar-year nonprofits to relax until the next filing season. However, not all nonprofits can relax - there is a 990 deadline coming up on June 17th, that applies to the following:

Organizations whose tax year runs between February 28, 2023, and January 31, 2024.

Organizations that filed an 8868 extension for their deadline on December 15, 2023.

Nonprofits with higher revenues must choose between Form 990, Form 990-EZ, or Form 990-PF (for private foundations). Smaller nonprofits can fulfill their annual tax filing with Form 990-N (e-postcard).

Tax990, an IRS-authorized e-file provider, simplifies Form 990-N filing for nonprofits and tax professionals. Its user-friendly interface, streamlined features, and dedicated customer support offer unmatched efficiency, setting a new standard in nonprofit tax compliance.

Nonprofits with gross receipts under $50,000 can easily meet their annual requirements by filing Form 990-N online with Tax990 in just three simple steps.

Comprehensive Nonprofit Tax Compliance

Tax990 introduces a streamlined cloud-based solution to facilitate streamlined preparation and transmission of 990-N returns for clients.

Here are the key advantages clients can experience by opting to file Form 990-N online with Tax990:

Easy 3-Step Filing: Enter the EIN, select the tax year, and review and transmit 990-N in minutes.

Prior Tax Year Support: 990-N E-filing is supported for the 2021, 2022, and 2023 tax years.

File Anywhere: Our platform is accessible from anywhere, allowing clients to complete their 990-N e-filing on mobile devices or tablets.

Instant Updates: Once transmitted, clients can receive real-time IRS status updates via email or text.

Advanced Security: Tax990 is a SOC-2-certified platform that prioritizes the protection of its clients' sensitive data.

Dedicated Support: By offering dedicated customer support through live chat, phone, and email, Tax990 guarantees a stress-free filing experience.

Exclusive PRO Features Offered:

For paid preparers and Electronic Return Originators (EROs), Tax990 offers an array of PRO features:

Staff Management: Tax professionals can efficiently manage their teams, invite members to prepare and oversee filings, and monitor all account activities seamlessly.

Client Management: Completed 990-N returns can be securely shared with clients for review and approval through a dedicated portal, enhancing transparency and collaboration.

Bulk Upload Capability: Streamlining efficiency, Tax990 enables tax professionals to upload data for multiple organizations in bulk using provided Excel templates, facilitating swift and accurate submissions.

Free Retransmission: In the event that the IRS rejects their return, clients can correct errors and resubmit their 990-N filings at no additional cost.

Additional Forms Supported:

Tax990 also supports the e-filing of forms that larger nonprofits are required to file.

Form 990-EZ: Designed for organizations with gross receipts under $200,000 and total assets under $500,000.

Form 990: Designed for organizations with annual gross receipts greater than or equal to $200,000 or total assets greater than or equal to $500,000.

Form 990-PF: Designed specifically for private foundations, regardless of gross receipts or assets.

CA Form 199: Mandatory for nonprofits operating in California, ensuring compliance with state regulations.

Form 8868: Used to request a 6-month automatic extension for filing 990 and other nonprofit tax returns.

Form 1120-POL: Essential for political organizations to fulfill their tax filing obligations.

Form 8038-CP: Utilized by issuers of tax-exempt bonds to request a credit for the interest payments they make.

When asked about the redefined 990-N filing, Agie Sundaram, the CEO and Co-founder of SPAN Enterprises (parent company of Tax990), responded by stating, "At Tax990, we're committed to offering even the smallest organizations a seamless solution for navigating their 990-N e-filing. Tax990 is here to provide dedicated customer support, time-saving features, and an excellent record-keeping solution for small nonprofits."

Nonprofit organizations and tax professionals can begin their 990 e-filing journey today by creating a free account at Tax990.com.

About Tax990

Tax 990 is the premier, IRS-authorized e-file provider of nonprofit tax forms. Tax990 provides solutions for nonprofits that are required to file Form 990-N, 990-EZ, 990, 990-PF, 990-T, California Form CA-199, 8868 and 8038-CP with the IRS. With advanced features and affordable pricing, the goal of Tax990 is to help nonprofits file easily, so they can continue to keep doing good.

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 tools for over a decade.

The SPAN Enterprises portfolio of products includes TaxBandits, Tax990, ACAwise, ExpressExtension, 123PayStubs, and TruckLogics.

For all media inquiries, please contact Stephanie Glanville, Content Writer, at stephanie@spanenterprises.com.

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SOURCE: Tax990



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