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Posts Tagged ‘tax-exempt organizations’

IRS raises nonprofit threshold for e-Postcard filing

by Rebecca Tonn Published: January 13,2011

Tags: Internal Revenue Service, tax-exempt organizations

Paperwork just got easier for a lot of small nonprofits. The Internal Revenue Service has raised the financial threshold for tax-exempt organizations. Instead of a $25,000 threshold, as of the Jan. 1, 2010 tax year, nonprofits with annual receipts of up to $50,000 can file the e-Postcard, or Form 990-N. This means that many more of [...] [...]

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