IRS deadline approaching for small, non-profit organizations

APPLETON, Wis. - March 18, 2019 - PRLog -- Even small non-profit organizations, such as sports clubs, civic organizations and local associations, are required to file a yearly report with the IRS. By law, the IRS will automatically revoke the federal tax-exempt status of organizations that fail to file annual reports for three consecutive years. Churches and church-related organizations are not required to file annual reports unless they have unrelated business taxable income.

Form 990-series information returns and notices are due on the 15th day of the fifth month after an organization's fiscal year ends. Many organizations use the calendar year as their tax year, making Wednesday, May 15, 2019, the deadline for them to file for 2018. The IRS offers an online search tool called Exempt Organizations Select Check, which helps users more easily find key information about the federal tax status and filings of certain tax-exempt organizations, including whether an organization has had its federal tax exemption automatically revoked.

This article contains general tax information for taxpayers. Each tax situation may be different, so do not rely upon this information as your sole source of authority. The National Association of Tax Professionals (NATP) advises working with a trusted expert who keeps current on tax law changes and is an NATP member. To learn more about NATP or to find a registered tax professional near you, visit www.natptax.com.

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NATP is the largest association dedicated to equipping tax professionals with the resources, connections and education they need to provide the highest level of service to their clients. NATP is comprised of more than 22,000 leading tax professionals who believe in a superior standard of ethics and exemplify professional excellence. Members rely on NATP to deliver professional connections, content expertise and advocacy that provides them with the support they need to best serve their clients.  The organization welcomes all tax professionals in their quest to continually meet the needs of the public, no matter where they are in their careers. The NATP headquarters is located in Appleton, WI. To learn more, visit www.natptax.com.