The IRS Form 990-N, also called e-Postcard, is an annual electronic filing Form for small tax-exempt organizations that are not required to file either Form 990-EZ or Form 990. The form will be filed with the IRS, and the organization offers to provide the financial and operational details. This tax Form offers basic information regarding the organization basic information and confirmation of the tax-exempt status of the organization. Also, an organization to report the total revenue...

When the tax exempt organization has employees, then the organization is responsible for Federal Income Tax withholding and Medicare and Social Security taxes. These organizations are also responsible for Federal Unemployment Tax. Before hiring an employee, the organization needs a federal Employer Identification Number (EIN). When the organization has employees working for them, then the organization is accountable for state, federal and local taxes. The organization acting as an employer for the employees must withhold certain taxes...

Nonprofit organizations rely on fundraising to operate and fulfill their motives, so it is important to build long-lasting relationships with all their donors. Position your organization in such a way that you will achieve success in whatever way you want with your strategies. Nonprofit Fundraising Planning for Success Make sure your idea and strategy are brief and concise. The message that you want to deliver to people should gain their trust and belief that whatever you are...

What to do, if the IRS rejected Form 990? Remember that when the form is rejected, it is not the end and still you have some options. To know more about it, read on the article. As a first step, you need to examine about Form 990 rejection. It can be due to one of the following options. When you try to file without tax-exempt status, the form will be rejected by the IRS. In order to...

Discussing about the things that a non profit tax exempt organization needs to know in this financial year, just  read on the blog. Even if you are a nonprofit organization, which has tax exempt and do not pay the federal taxes, you are required to file an information form with the IRS. Form 990n is used for this purpose of filing the information. While you e-file form 990, it ensures that the nonprofit organization performs the business...