02 January 2008

New Annual Electronic Filing Requirement for Small Exempt Organizations

Welcome back!

Beginning in 2008, small tax-exempt organizations that previously were not required to file returns may be required to file an annual electronic notice, Form 990-N, Electronic Notice (e-Postcard) for Tax-Exempt Organizations not Required To File Form 990 or 990-EZ. This filing requirement applies to tax periods beginning after December 31, 2006. Organizations that do not file the notice will lose their tax-exempt status.

Click here to read more from the IRS website on this topic. Your ideas matter here! Please leave a comment.

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