From: RICHARD ALLEN BERNSTEIN <rick.bernstein@wisconsinhistory.org> Subject: Reminders from IRS - Filing Your Annual Returns Date: Tue, 27 Mar 2018 15:29:29 +0000 Message-id: <DM3PR0601MB1948CF2796CB17CD9A3C88F8F4AC0@DM3PR0601MB1948.namprd06.prod.outlook.com>
Below are a few reminders and heads up from the Internal Revenue Service ab
out filing your annual tax returns as a 501c3 tax exempt organization.
Form 990 processing changes
As of January 8, the IRS is returning Form 990 series returns <http://links
.govdelivery.com:80/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTgwM
zI3Ljg3NTcxOTcxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MDMyNy44NzU3MTk3MSZkYXRh
YmFzZWlkPTEwMDEmc2VyaWFsPTE3MTc4OTQ3JmVtYWlsaWQ9cmljay5iZXJuc3RlaW5Ad2lzY29
uc2luaGlzdG9yeS5vcmcmdXNlcmlkPXJpY2suYmVybnN0ZWluQHdpc2NvbnNpbmhpc3Rvcnkub3
JnJmZsPSZleHRyYT1NdWx0aXZhcmlhdGVJZD0mJiY=&&&125&&&https://www.irs.gov/ch
arities-non-profits/annual-reporting-and-filing> filed on paper - and rejec
ting electronically filed returns - when they are incomplete or the wrong r
eturn. IRS.gov answers the question What happens if my Form 990 is missing
information or a schedule, or is the wrong return?<http://links.govdelivery
.com:80/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTgwMzI3Ljg3NTcxO
TcxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MDMyNy44NzU3MTk3MSZkYXRhYmFzZWlkPTEw
MDEmc2VyaWFsPTE3MTc4OTQ3JmVtYWlsaWQ9cmljay5iZXJuc3RlaW5Ad2lzY29uc2luaGlzdG9
yeS5vcmcmdXNlcmlkPXJpY2suYmVybnN0ZWluQHdpc2NvbnNpbmhpc3Rvcnkub3JnJmZsPSZleH
RyYT1NdWx0aXZhcmlhdGVJZD0mJiY=&&&126&&&https://www.irs.gov/charities-non-
profits/exempt-organizations-annual-reporting-requirements-filing-procedure
s-incomplete-returns>
Form 990-EZ reminders
Tax-exempt organizations with annual gross receipts under $200,000 and asse
ts under $500,000 (at the end of the reporting period) can use Form 990-EZ<
http://links.govdelivery.com:80/track?type=click&enid=ZWFzPTEmbWFpbGluZ
2lkPTIwMTgwMzI3Ljg3NTcxOTcxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MDMyNy44NzU3
MTk3MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3MTc4OTQ3JmVtYWlsaWQ9cmljay5iZXJuc3R
laW5Ad2lzY29uc2luaGlzdG9yeS5vcmcmdXNlcmlkPXJpY2suYmVybnN0ZWluQHdpc2NvbnNpbm
hpc3Rvcnkub3JnJmZsPSZleHRyYT1NdWx0aXZhcmlhdGVJZD0mJiY=&&&127&&&https://ww
w.irs.gov/pub/irs-pdf/f990ez.pdf>, Short Form Return of Organization Exempt
from Income Tax, to meet their annual filing requirement. This means you'l
l submit less information and fewer schedules than the "full" Form 990<http
://links.govdelivery.com:80/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkP
TIwMTgwMzI3Ljg3NTcxOTcxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MDMyNy44NzU3MTk3
MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3MTc4OTQ3JmVtYWlsaWQ9cmljay5iZXJuc3RlaW5
Ad2lzY29uc2luaGlzdG9yeS5vcmcmdXNlcmlkPXJpY2suYmVybnN0ZWluQHdpc2NvbnNpbmhpc3
Rvcnkub3JnJmZsPSZleHRyYT1NdWx0aXZhcmlhdGVJZD0mJiY=&&&128&&&https://www.ir
s.gov/pub/irs-pdf/f990.pdf>, Return of Organization Exempt from Income Tax.
Form 990-EZ includes "assistive" features designed to make filing easier, q
uicker, and more accurate. These 29 "help buttons"<http://links.govdelivery
.com:80/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTgwMzI3Ljg3NTcxO
TcxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MDMyNy44NzU3MTk3MSZkYXRhYmFzZWlkPTEw
MDEmc2VyaWFsPTE3MTc4OTQ3JmVtYWlsaWQ9cmljay5iZXJuc3RlaW5Ad2lzY29uc2luaGlzdG9
yeS5vcmcmdXNlcmlkPXJpY2suYmVybnN0ZWluQHdpc2NvbnNpbmhpc3Rvcnkub3JnJmZsPSZleH
RyYT1NdWx0aXZhcmlhdGVJZD0mJiY=&&&129&&&https://www.irs.gov/newsroom/irs-r
eleases-updated-form-990-ez-new-options-to-help-exempt-organizations-avoid-
errors-file-a-more-accurate-return> don't replace the instructions, but the
y do alert the filer to traditionally troublesome areas and have decreased
the error rate for paper-filed returns.
The IRS encourages exempt organizations to file electronically, noting the
error rate for electronically-filed returns was only 1% for 2017. A list of
companies providing this service is on IRS.gov<http://links.govdelivery.co
m:80/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTgwMzI3Ljg3NTcxOTcx
Jm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MDMyNy44NzU3MTk3MSZkYXRhYmFzZWlkPTEwMDE
mc2VyaWFsPTE3MTc4OTQ3JmVtYWlsaWQ9cmljay5iZXJuc3RlaW5Ad2lzY29uc2luaGlzdG9yeS
5vcmcmdXNlcmlkPXJpY2suYmVybnN0ZWluQHdpc2NvbnNpbmhpc3Rvcnkub3JnJmZsPSZleHRyY
T1NdWx0aXZhcmlhdGVJZD0mJiY=&&&130&&&https://www.irs.gov/uac/exempt-organi
zations-electronic-filings-returns-and-notices>.
Form 990-series returns are due on the 15th day of the fifth month <http://
links.govdelivery.com:80/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIw
MTgwMzI3Ljg3NTcxOTcxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MDMyNy44NzU3MTk3MSZ
kYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3MTc4OTQ3JmVtYWlsaWQ9cmljay5iZXJuc3RlaW5Ad2
lzY29uc2luaGlzdG9yeS5vcmcmdXNlcmlkPXJpY2suYmVybnN0ZWluQHdpc2NvbnNpbmhpc3Rvc
nkub3JnJmZsPSZleHRyYT1NdWx0aXZhcmlhdGVJZD0mJiY=&&&131&&&https://www.irs.g
ov/charities-non-profits/return-due-dates-for-exempt-organizations-annual-r
eturn> after an organization's tax year ends. For organizations using the c
alendar year as their tax year, May 15 is the deadline to file for 2017. If
you need an extension of time to file<http://links.govdelivery.com:80/trac
k?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTgwMzI3Ljg3NTcxOTcxJm1lc3NhZ
2VpZD1NREItUFJELUJVTC0yMDE4MDMyNy44NzU3MTk3MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFs
PTE3MTc4OTQ3JmVtYWlsaWQ9cmljay5iZXJuc3RlaW5Ad2lzY29uc2luaGlzdG9yeS5vcmcmdXN
lcmlkPXJpY2suYmVybnN0ZWluQHdpc2NvbnNpbmhpc3Rvcnkub3JnJmZsPSZleHRyYT1NdWx0aX
ZhcmlhdGVJZD0mJiY=&&&132&&&https://www.irs.gov/charities-non-profits/exte
nsion-of-time-to-file-exempt-organization-returns>, use Form 8868<http://li
nks.govdelivery.com:80/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMT
gwMzI3Ljg3NTcxOTcxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MDMyNy44NzU3MTk3MSZkY
XRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3MTc4OTQ3JmVtYWlsaWQ9cmljay5iZXJuc3RlaW5Ad2lz
Y29uc2luaGlzdG9yeS5vcmcmdXNlcmlkPXJpY2suYmVybnN0ZWluQHdpc2NvbnNpbmhpc3Rvcnk
ub3JnJmZsPSZleHRyYT1NdWx0aXZhcmlhdGVJZD0mJiY=&&&133&&&https://www.irs.gov
/charities-non-profits/extension-of-time-to-file-exempt-organization-return
s>, Application of Extension of Time to File an Exempt Organization Return.
Form 990 Overview Course
Maintaining 501(c)(3) tax-exempt status is crucial to the success of a char
itable organization and most need to submit an annual Form 990-series retur
n. This Form 990 overview course <http://links.govdelivery.com:80/track?typ
e=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTgwMzI3Ljg3NTcxOTcxJm1lc3NhZ2VpZD
1NREItUFJELUJVTC0yMDE4MDMyNy44NzU3MTk3MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3M
Tc4OTQ3JmVtYWlsaWQ9cmljay5iZXJuc3RlaW5Ad2lzY29uc2luaGlzdG9yeS5vcmcmdXNlcmlk
PXJpY2suYmVybnN0ZWluQHdpc2NvbnNpbmhpc3Rvcnkub3JnJmZsPSZleHRyYT1NdWx0aXZhcml
hdGVJZD0mJiY=&&&135&&&https://www.stayexempt.irs.gov/home/existing-organi
zations/existing-organizations> shows you which forms to file and when they
are due, and provides tips to help prepare your form.
Regards, Rick
Richard Bernstein, Southern Region
Local History-Field Services
Office of Programs and Outreach
Wisconsin Historical Society
816 State Street, Madison, WI 53706
608 264 6583
rick.bernstein@wisconsinhistory.org
Wisconsin Historical Society
Collecting, Preserving and Sharing Stories Since 1846<http://www.wisconsinh
istory.org/?utm_source=Email%20Signatures&amp%3Butm_medium=email&am
p;amp%3Butm_campaign=si>