If you need more time to file 990 online
, your best bet for avoiding IRS penalties is to file a tax extension. However, today is the last day to e-file Form 8868. Here is how to file the Form 990 extension
before it is too late.
How to File the Form 990 Extension
Despite the reason for needing additional time, the IRS will automatically grant you a six-month extension of time to file IRS Form 990, your nonprofit tax return. Also, the application process is quick, easy, and you will likely receive approval within the hour.
990 Extension Due Date For 2017 Nonprofit Tax Returns
If you need more time to file IRS Form 990, ExpressExtension has your back. You can use our quick and easy e-filing guide to instantly file an IRS Form 990 extension, the Exempt Organization Tax Extension Form! Zero hassle involved, simply follow our step-by-step instructions to transmit this form directly to the IRS.
The Form 990 extension due date is today, May 15th, if your nonprofit organization runs on a calendar year.
What Happens If I Fail To File?
So, what happens if you don’t file your IRS Form 990? If you fail to file or submit your form late, there is a $20 penalty per-day up to $10,000 or five percent of your organization total gross receipts.
Sounds like a big mess, right?… Moral of the story — try to e-file Form 8868 by the 990 due date tonight at midnight. That’s all I am going to say.