{"id":12843,"date":"2021-09-23T10:01:56","date_gmt":"2021-09-23T10:01:56","guid":{"rendered":"https:\/\/www.margatechnology.com\/grant\/?p=12843"},"modified":"2022-08-01T11:29:09","modified_gmt":"2022-08-01T11:29:09","slug":"tax-filing-tips-to-say-compliant","status":"publish","type":"post","link":"https:\/\/www.margatechnology.com\/grant\/2021\/09\/23\/tax-filing-tips-to-say-compliant\/","title":{"rendered":"Tax Filing Tips To Say Compliant"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"12843\" class=\"elementor elementor-12843\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-973591b elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"973591b\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8048d70\" data-id=\"8048d70\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d70ea36 elementor-widget elementor-widget-rs-heading\" data-id=\"d70ea36\" data-element_type=\"widget\" data-widget_type=\"rs-heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t        <div class=\"rs-heading default left \">\r\n        \t<div class=\"title-inner\">\r\n        \t\t      \t\t\r\n\t            <span class=\"sub-text \">CERTIFIED PUBLIC ACCOUNT<\/span><h2 class=\"title\"><span class=\"watermark\"><\/span>Tax Filing Tips To Stay Compliant<\/h2>\t        <\/div>\r\n\t                <\/div>\r\n\r\n        \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4538e71 elementor-widget elementor-widget-text-editor\" data-id=\"4538e71\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Some sound advice on filing taxes: Tips for maintaining compliance with the IRS<\/strong><\/p><p><strong>1. Know your calendar year end date.<\/strong> Simply knowing your calendar year end date can help you stay compliant. It&#8217;s simply. Form 990-N is due every year by the 15th day of the 5th month after the close of your tax year. Therefore, if your tax year ended on December 31, the e-Postcard is due May 15 of the following year.<\/p><p><strong>2. Know if you are eligible to file 990-N (e-postcard). <\/strong><br \/>Most small tax-exempt organizations that have an annual reporting requirement can satisfy the requirements by submitting Form 990-N, Electronic Notice (e-Postcard.) A small tax-exempt organizations with annual gross receipts of $50,000 or less are generally eligible to file Form 990-N (e-postcard) to satisfy annual reporting requirement.<br \/>Know what happens to your nonprofit for failure to file taxes for three consecutive years.\u200b\u200bWhile there is no penalty assessment for filing Form 990-N late, nonprofits that fail to file required Forms 990, 990-EZ or 990-N for<br \/>three consecutive years will automatically lose their tax-exempt status. Revocation of your tax-exempt status will happen<br \/>on the filing due date of the third consecutively-missed year.<\/p><p><strong>3.Know what happens to your nonprofit for failure to file taxes for three consecutive years. <\/strong><br \/>\u200b\u200bWhile there is no penalty assessment for filing Form 990-N late, nonprofits that fail to file required Forms 990, 990-EZ or 990-N for<br \/>three consecutive years will automatically lose their tax-exempt status. Revocation of your tax-exempt status will happen<br \/>on the filing due date of the third consecutively-missed year.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c04eee elementor-widget elementor-widget-text-editor\" data-id=\"7c04eee\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>FILING 990-N (e-postcard)<\/strong><br \/>Grant Professional is here to assist you in filing your 990-N (e-postcard).<br \/>You&#8217;ll need only 8 items of basic information about your organization to file form 990-N (e-postcard).<\/p><ul><li>Employer identification number (EIN), also known as a Taxpayer Identification Number (TIN).<\/li><li>Tax year (calendar or fiscal filer)<\/li><li>Legal name and mailing address<\/li><li>Any other names the organization uses<\/li><li>Name and address of a principal officer<\/li><li>Website address if the organization has one<\/li><li>Confirmation that the organization&#8217;s annual gross receipts are $50,000 or less<\/li><li>If applicable, a statement that the organization has terminated or is terminating (going out of business)<\/li><\/ul><p>Contact Grant Professional to help you stay compliant. We are here to file your 990-N annually to take the worry out of IRS compliance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>CERTIFIED PUBLIC ACCOUNT Tax Filing Tips To Stay Compliant Some sound advice on filing taxes: Tips for maintaining compliance with the IRS 1. Know your calendar year end date. Simply knowing your calendar year end date can help you stay compliant. It&#8217;s simply. Form 990-N is due every year by the 15th day of the 5th month after the close of your tax year. Therefore, if your tax year ended on December 31, the e-Postcard is due May 15 of the following year. 2. Know if you are eligible to file 990-N (e-postcard). Most small tax-exempt organizations that have an annual reporting requirement can satisfy the requirements by submitting Form 990-N, Electronic Notice (e-Postcard.) A small tax-exempt organizations with annual gross receipts of $50,000 or less are generally eligible to file Form 990-N (e-postcard) to satisfy annual reporting requirement. Know what happens to your nonprofit for failure to file taxes for three consecutive years.\u200b\u200bWhile there is no penalty assessment for filing Form 990-N late, nonprofits that fail to file required Forms 990, 990-EZ or 990-N for three consecutive years will automatically lose their tax-exempt status. Revocation of your tax-exempt status will happen on the filing due date of the third consecutively-missed year. 3.Know what happens to your nonprofit for failure to file taxes for three consecutive years. \u200b\u200bWhile there is no penalty assessment for filing Form 990-N late, nonprofits that fail to file required Forms 990, 990-EZ or 990-N for three consecutive years will automatically lose their tax-exempt status. Revocation of your tax-exempt status will happen on the filing due date of the third consecutively-missed year. FILING 990-N (e-postcard) Grant Professional is here to assist you in filing your 990-N (e-postcard). You&#8217;ll need only 8 items of basic information about your organization to file form 990-N (e-postcard). Employer identification number (EIN), also known as a Taxpayer Identification Number (TIN). Tax year (calendar or fiscal filer) Legal name and mailing address Any other names the organization uses Name and address of a principal officer Website address if the organization has one Confirmation that the organization&#8217;s annual gross receipts are $50,000 or less If applicable, a statement that the organization has terminated or is terminating (going out of business) Contact Grant Professional to help you stay compliant. We are here to file your 990-N annually to take the worry out of IRS compliance.<\/p>\n","protected":false},"author":1,"featured_media":12845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[],"class_list":["post-12843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-grant-blog"],"_links":{"self":[{"href":"https:\/\/www.margatechnology.com\/grant\/wp-json\/wp\/v2\/posts\/12843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.margatechnology.com\/grant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.margatechnology.com\/grant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.margatechnology.com\/grant\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.margatechnology.com\/grant\/wp-json\/wp\/v2\/comments?post=12843"}],"version-history":[{"count":38,"href":"https:\/\/www.margatechnology.com\/grant\/wp-json\/wp\/v2\/posts\/12843\/revisions"}],"predecessor-version":[{"id":12932,"href":"https:\/\/www.margatechnology.com\/grant\/wp-json\/wp\/v2\/posts\/12843\/revisions\/12932"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.margatechnology.com\/grant\/wp-json\/wp\/v2\/media\/12845"}],"wp:attachment":[{"href":"https:\/\/www.margatechnology.com\/grant\/wp-json\/wp\/v2\/media?parent=12843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.margatechnology.com\/grant\/wp-json\/wp\/v2\/categories?post=12843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.margatechnology.com\/grant\/wp-json\/wp\/v2\/tags?post=12843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}