Small Tax-Exempt Orgs: First Filing Date Approaches for Electronic Notice
A reminder for small tax-exempt organizations: the
first filing deadline of May 15 for their new annual electronic filing requirement approaches. Organizations can file by going to the appropriate page on
this website. Beginning this year, most organizations whose gross receipts are normally $25,000 or less must file Form 990-N, also known as the e-Postcard. Previously, these small organizations did not have an annual filing requirement. The first e-Postcards are due by May 15, 2008, from small tax-exempt organizations whose tax year ended on December 31, 2007. For organizations with a tax year that ends after December 31, 2007, the e-Postcard is due by the 15th day of the 5th month after the close of their tax year. It is important for small organizations to file the e-Postcard because, under the Pension Protection Act of 2006, if an organization fails to file for three consecutive years it will lose its tax-exempt status.
