Note: The following discussion is provided for informational purposes only and is not intended to serve as legal or tax advice. For specific information about e-filing and Form 990-N, consult your attorney or tax adviser.
Final E-Filing RegulationsLarge nonprofits, take notice: the IRS has issued finalized regulations regarding the e-filing requirements of tax-exempt organizations. The final ruling doesn't differ significantly from the temporary regulations that were issued in 2006 and only affects the following types of organizations:
- public charities that are required to file at least 250 returns a year and have $10 million or more in assets at year end
- private foundations that are required to file 250 returns a year regardless of their year-end assets
See more information on e-filing >
Temporary E-Postcard RegulationsIf you're associated with a small nonprofit, this one is for you. The IRS has issued temporary regulations for the new Form 990-N. This form, also known as the e-Postcard, was introduced as part of the Pension Protection Act of 2006. Smaller tax-exempt organizations with gross receipts of $25,000 or less that don't file a Form 990 or 990-EZ will now be required to file a Form 990-N, with the following exceptions:
- churches, their integrated auxiliaries, and conventions or associations of churches
- nonprofits included in a group return
- private foundations required to file Form 990-PF
- section 509(a)(3) supporting organizations required to file Form 990 or 990-EZ
More information on Form 990-N >
More information on the Pension Protection Act of 2006 >
Patrick Ferraro, December 2007
© 2007, Philanthropic Research, Inc. (GuideStar)
Patrick Ferraro is a freelance writer in Seattle and a former editor of the Newsletter.