IRS Releases Final Regulations for Returns of Small Groups
The Internal Revenue Service has issued final regulations that explain how organizations must file tax returns if their annual gross receipts are usually $25,000 or less.
Last year, the IRS released its Form 990-N, also known as an electronic notice or “e-Postcard,” a new tax document required of groups with annual gross receipts of $25,000 or less.
In the past, only groups that earned more than $25,000 yearly had to file returns with the IRS, but the Pension Protection Act of 2006 requires all groups to file.
Mickey,
We really need to make sure that ALEF is up to date with the IRS re: tax return filings. I’m not sure if this means we can no longer use the e-Postcard. In any event, we should file as soon as possible for 2008.
Rocky
Mickey,
We really need to make sure that ALEF is up to date with the IRS re: tax return filings. I’m not sure if this means we can no longer use the e-Postcard. In any event, we should file as soon as possible for 2008.
Rocky
— Rob Shear Jul 24, 07:06 AM #