Don’t Lose Thousands of Dollars! Avoid IRS Penalties with These Tips
Nothing hurts like having to pay late filing fees to the IRS. And for exempt organizations, these penalties aren’t as simple as dropping a few coins in a bucket. You’re...
Incorrect Tax Year? Know What Year You’re Filing
Filing a tax return is stressful enough as is – the IRS Form 990 series is no different. With everything you’re responsible for reporting, the last thing you need is...
4 Simple Steps to Remain Tax Exempt
Most, if not all, exempt organizations know that a sure-fire way to lose exemption status is failing to file the required 990 form with the IRS each year. After failure...
List Gifts & Contributions with Ease
One of the most important aspects of exempt organizations is public support, which can come in the form of gifts, grants, contributions, or fundraising events. The amounts your nonprofit receives...
Warning: Is Your Tax Exempt Status AT RISK?
As we quickly move along through this year’s tax season, the next major IRS deadline is for exempt organizations, charities, and nonprofits. According to the IRS, those with tax-exempt organizations...
Deadline Extension for Nonprofits
A little bit of current news for all you nonprofit organizations – Presidents’ Day is today! Also known as Washington’s Birthday, today is a federal holiday in which we recognize...
Expect the Unexpected
You can never predict how things are going to turn out. You may have done efficient planning, set aside a number of days, and even prepared for everything expected just...
Happy Holidays from ExpressExtension
No matter how old we all eventually get, there is always that small tingle of excitement around Christmas time, right? As adults, we may not get exactly what we wish,...
IRS Penalties
We’re less than two weeks away from the start of 2016, and with a new year, there comes a reset of all the tax filing deadlines. Some of you may...