ROCK HILL, SC / ACCESSWIRE / March 2, 2023 /Tax-exempt organizations are required to file an annual 990 return with the IRS to remain tax-compliant. Form 990 is an IRS form that requires information ...

ROCK HILL, SC / ACCESSWIRE / May 1, 2023 / May 15th is a major deadline for nonprofit organizations that must file 990 series tax returns. Tax 990, formerly ExpressTaxExempt, makes it possible for all ...

Filing Form 990 on time is crucial for maintaining a nonprofit's good standing. Missing deadlines can result in IRS penalties ranging from $20 to $120, depending on the organization's profile.

Failure to do so could result in their tax-exempt status being revoked, which will affect their ability to offer 403(b) plans. The Internal Revenue Service (IRS) issued a reminder for certain ...

ROCK HILL, SC / ACCESSWIRE / November 11, 2024 / Private foundations play a vital role in advancing charitable causes and supporting the public good. However, along with these responsibilities comes ...

The Internal Revenue Service today reminded tax-exempt organizations that many have a filing deadline for Form 990-series information returns in mid-May. Form 990-series information returns and ...

Sec. 6652(c)(1) imposes a penalty on any tax-exempt organization for failure to file a tax return or failure to include complete or correct information on the tax return. For organizations with gross ...