The IRS took their penalties a step further to appeal to these specific organizations. You might have to reapply and pay filing fees. Explain why you missed the EZ deadline to try to see if fees can be waived.
When you explain the reason why you missed the deadline, you should define: What happened and when? What circumstances occurred to prevent the tax form from being filed?
What did you do to try to comply with the deadline? How did you handle the situation? If you wait to get the reply from the IRS, the fees will just continue adding up.
Take steps to avoid missing the EZ deadline in the future. Create systems for gathering EZ financial information. Get in touch with an IRS-approved tax-filer. So you might consider reaching out to a professional.
A secure filing platform. Yes, we mean a free six month extension. Where was that perk for your college term paper, right? Learn more about the Form EZ and the qualifications that nonprofits must meet to file it. Not sure which form to file? Check out this article outlining the specific differences between the N and the EZ.
Can My Nonprofit File a Postcard? If you've discovered that you might actually qualify for the postcard, confirm your suspicions with the information in this guide. This will permit an extra six months to file the informational return, though if any tax is due, it must be paid in full by May Not all tax-exempt organizations are required to file Form Churches, most faith-based organizations, subsidiaries of other nonprofits, state institutions like a university , and government corporations are generally exempt from Form The content of this post is accurate as of the date below.
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Grow Your Legal Practice. Meet the Editors. Your small nonprofit may need to file e-Postcard Form N or risk losing its tax-exempt status. Who Must File Form N? There are exceptions to this filing requirement for: organizations that are included in a group return, and churches, their integrated auxiliaries, and conventions or associations of churches. When is Form N Due? A small nonprofit can have its tax-exempt status retroactively reinstated to the date of revocation if it: did not previously have its tax-exempt status automatically revoked, and completes and submits IRS Form EZ or Form with the appropriate fee no more than 15 months after the later of 1 the date of the nonprofit's revocation letter CPA , or 2 the date the nonprofit appeared on the Revocation List on the IRS website.
Business Formation. Choosing a Business Structure. Sole Proprietorships. Affected taxpayers who need more time to file than is provided by the automatic extension may file the appropriate extension form by July 15, , but the extension date may not go beyond the original statutory or regulatory extension date e. Affected taxpayers have until July 15, to perform all such time-sensitive actions. Applicable time-sensitive actions include the filing of annual returns including the Form series of organizations exempt from tax under Section a of the Internal Revenue Code.
Accordingly, exempt organizations, including Section c 3 organizations, have until July 15, to file Forms and EZ that would otherwise be due on or after April 1, and before July 15, Time-sensitive actions under Rev. Generally, for an organization to be recognized as exempt under Section c 3 of the Internal Revenue Code from the date it was organized, Form or Form EZ must be filed within 27 months from the end of the month in which the organization was organized.
Organizations whose month deadline occurs between April 1, and July 15, have until July 15, to timely file Form or Form EZ. Organizations should note that this relief only applies to IRS filings.
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