State charity offices have been quick to respond to the COVID-19 pandemic. Now concerned with the promotion of public health, these officials are taking steps that impact your nonprofit’s state registrations. In the interest of keeping our clients informed, we are sharing these updates with you.
Effective April 9, 2020, the IRS has extended the due date of Form 990 returns. Per Notice 2020-23, if your organization’s deadline for Forms 990, 990-EZ, 990-PF, and 990-BL falls between April 1, 2020 and July 14, 2020, your new extended deadline is July 15, 2020.
For a full list of forms and filing deadlines affected, visit the IRS’s Taxpayer Relief page.
Because many state charitable registration due dates fall on May 15, 2020, organizations with tax years ending June 30, 2019 and December 31, 2020 should pay special attention.
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About Harbor ComplianceHarbor Compliance is dedicated to helping nonprofit organizations maintain compliance with federal, state, and local government licensing requirements. Harbor Compliance does not provide tax, financial, or legal advice. Use of our services does not create an attorney-client relationship. Harbor Compliance is not acting as your attorney and does not review information you provide to us for legal accuracy or sufficiency. About HoganTaylor's Nonprofit PracticeHoganTaylor's Nonprofit practice helps nonprofit leaders navigate the maze of requirements specific to nonprofit organizations so they can focus on what they do best—serving their constituents well. If you have any questions about this content, or if you would like more information about HoganTaylor's Nonprofit practice, please contact Jack Murray, CPA, Nonprofit Practice Lead, at jmurray@hogantaylor.com. INFORMATIONAL PURPOSE ONLY. This content is for informational purposes only. This content does not constitute professional advice and should not be relied upon by you or any third party, including to operate or promote your business, secure financing or capital in any form, obtain any regulatory or governmental approvals, or otherwise be used in connection with procuring services or other benefits from any entity. Before making any decision or taking any action, you should consult with professional advisors. |