Tools for Leaders
New Annual Electronic Filing Requirement for SPJ Chapters
Dear SPJ Leader:
As we reported earlier, ALL SPJ chapters with an Employer ID number (EIN) must now file an annual return with the Internal Revenue Service. For complete details on filing requirements, visit irs.gov.
Your return must be filed by December 15
With the enactment of the Pension Protection Act of 2006, small tax-exempt organizations whose gross receipts are normally $50,000 or less that previously were not required to file Form 990 or Form 990EZ will now be required to file an electronic informational notice to the IRS: Form 990-N.
Who Must File
You are required to file on an annual basis Form 990-N if your gross receipts are normally under $50,000 and you do not already file a Form 990 or Form 990EZ.
What information should be included:
Organization's legal name
Any other names your organization uses
Organization's mailing address
Organization's website address if applicable
Organization's employer identification number (tax ID)
Name and address of principal officer of your organization
Organization's annual tax period (the chapter's fiscal year)
A statement that your organization's annual gross receipts are still normally $50,000 or less
If applicable, a statement that your organization is terminating
How do I file Form 990-N?:
Form 990-N, also known as the e-Postcard, must be filed electronically. There will be no paper forms. There will be no charge to submit this report.
When will the e-Postcard (Form 990-N) be due:
The e-Postcard will be due by the 15th day of the fifth month after the close of your tax period/fiscal year. SPJ's fiscal year ends on July 31; the e-Postcard is due December 15th. As a subordinate chapter of SPJ, your chapter's fiscal year is the same as the national organization. You cannot file the e-Postcard before July 31.
The Pension Protection Act requires the IRS to revoke tax exempt status of any organization that fails to meet this annual filing requirement.
If you would like additional information about this new filing requirement, including notification when the filing system is ready, or information about other new developments, subscribe to Exempt Organizations EO Update, a regular e-mail newsletter that highlights new information posted on the Charities pages of irs.gov. To subscribe, go to irs.gov/eo and click on EO newsletter.
It is the Societys opinion that this is a new filing requirement for those of our chapters who do not already file an informational return with the Internal Revenue Service and the failure to do so will result in revocation of your tax exempt status.
If you have any additional questions, please contact your local tax/legal advisor, or visit the IRS Website: irs.gov.
Questions about filing, the IRS or your tax status?
Contact Caroline Escobar.