Electronic Filing Mandate for Form 990-EZ
While the Taxpayer First Act, enacted July 1, 2019, required tax-exempt organizations to electronically file information returns and related forms became effective for tax years beginning after July 1, 2019, small exempt organizations were specifically allowed a postponement "transitional relief" and could file Form 990-EZ, Short Form Return of Organization Exempt from Income Tax either electronically or on paper for tax years ending before July 31, 2021.
Form 990-EZ must be filed electronically starting with tax years ending July 31, 2021.
Organizations that filed paper Forms 990-EZ previously will be receive Letter 6194 from the IRS. This is an educational letter; that doesn't need a response.
“Charities & Tax-Exempt Organizations Update” Webinar July 22
The “Charities & Tax-Exempt Organizations Update” webinar is Thursday, July 22 at 2pm EST. It covers recent law and guidance changes and how they affect exempt organizations, and electronic filing requirements that affect exempt organization returns. You have to register for the Nationwide Tax Forum to attend.
Latest Online Training Topics for Small to Mid-Sized Section 501(c)(3) Charities
There is free online training to help officers, board members, and volunteers maintain their organization's tax-exempt status on StayExempt.irs.gov.
The Maintaining 501(c)(3) Tax-Exempt Status course discusses responsibilities that an organization has and which activities can jeopardize the 501(c)(3) status of an organization.
The Tax-Exempt Organization Workshop goes over the benefits, limitations and expectations of exempt organizations.