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SMALL CHARITIES: TOMORROW IS YOUR DEADLINE

May 14, 2008

A new deadline looms tomorrow for many charities. Non-profits with annual receipts under $25,000 have never had to make annual filings with the IRS -- until now. From an IRS release:

Beginning this year, most organizations whose gross receipts are normally $25,000 or less must file Form 990-N, also known as the e-Postcard. Previously these small organizations did not have an annual filing requirement.

"The e-Postcard is fast and easy. An organization just quickly answers a few questions online," said Steven T. Miller, Commissioner of the Tax Exempt and Government Entities Division of the IRS. "It’s free, totally paperless and will help ensure integrity and transparency in the tax-exempt community."

To file your "e-postcard" by the May 15 deadline, go here.

Larger charities and foundations who file on a calendar year also have to file their 990-series forms by tomorrow, unless they get an extension.

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