Nonprofits of Every Size Can Meet the May 15th 990 Deadline with Tax990's Efficient Features

ROCK HILL, SC / ACCESSWIRE / May 13, 2024 / With May 15th just two days away, time is running out for many nonprofits and tax-exempt organizations nationwide to e-file their 990 series returns with the IRS. Failure to comply with these filing requirements can result in hefty penalties and even a loss of tax-exempt status.

Tax990, the industry-leading e-file provider for the nonprofit sector, brings a simple solution for nonprofits to prepare and submit their 990 forms on time.

Tax990 - A Comprehensive Solution for Nonprofit Tax Compliance

Over the past 10 years, Tax990 has emerged as a trustworthy e-filing software for many nonprofits and tax professionals to meet their 990 filing needs. Incorporating boundless time-saving features, Tax990 makes the e-filing process easy, effortless, and accurate.

The IRS-authorized e-file provider supports various tax forms that nonprofits may need to file in order to ensure tax compliance with the IRS. Here is the list of forms supported by Tax990 for the 2023 tax year.

Form 990-N (e-Postcard)

Form 990-EZ (Short Form Return of Organization Exempt from Income Tax)

Form 990 (Return of Organization Exempt From Income Tax)

Form 990-PF (Return of Private Foundation or Section 4947(a)(1) Trust Treated as Private Foundation)

Form 990-T (Exempt Organization Business Income Tax Return and proxy tax under section 6033(e))

Form 8868 (Application for Extension of Time To File an Exempt Organization Return)

CA Form 199 (California Exempt Organization Annual Information Return)

Form 1120-POL (U.S. Income Tax Return for Certain Political Organizations)

In addition to these forms, Tax990 also supports Form 8038-CP, an IRS form used by issuers of certain tax-exempt bonds to request credit payments.

Note: Clients who choose Tax990 for their 990 filings aren't required to pay any additional fee for 990 Schedules. The software automatically includes the applicable schedules for free.

Exclusive Features for a Streamlined Filing Experience

Generally, completing 990 forms requires a lot of time, effort, and attention to detail. But, with Tax990, clients can e-file their 990 returns with complete ease and perfection, courtesy of the remarkable features that the software comprises.

Offering two different filing methods (Form-Based and Interview-Based), bulk upload filing data, and the option to copy data from prior filings, Tax990 eliminates unnecessary stress from 990 form preparation. Moreover, the software audits the completed forms based on the IRS Business Rules before transmitting them to the IRS, ensuring accurate reporting.

A Solution that Tax Professionals Can Rely On

In addition to serving nonprofits of all sizes, Tax990 is the ideal e-filing partner for paid tax preparers and ERO (Electronic Return Originators) that manage a high volume of 990 filings. To streamline the filing process for tax professionals, Tax990 allows them to invite their team members and delegate the filing responsibilities.

Provisions are also made for tax professionals to send the completed forms to their clients for review and approval. They can also share Form 8453-TE or 8879-TE (generated by Tax990) with their clients to obtain their e-signature as authorization.

In addition to all the amazing features, Tax990 offers dedicated customer support via live chat, phone, and email to resolve any questions during the filing process.

When asked about the upcoming deadline, Agie Sundaram, the CEO and Co-founder of SPAN Enterprises (parent company of Tax990), responded by stating, "Our team at Tax990 is ready and eager to support nonprofits of all scales and tax professionals. With the 990 series deadline looming this week, our platform ensures effortless IRS compliance with personalized customer assistance, efficient features to save time, and customized record-keeping solutions tailored specifically for 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, 8868, California Form CA-199, 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 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