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With the annual May 15 deadline fast approaching, the Internal Revenue Service (IRS) is reminding tax-exempt organizations to review their filing requirements, ensure accurate submissions, and avoid penalties by using the correct forms.
Tax-exempt entities, including charities, nonprofits, and certain political organizations, must generally file their annual return or notice by the 15th day of the fifth month after the end of their accounting period. For calendar-year filers, that means May 15, 2025.
The IRS emphasizes the importance of timely and accurate filing, highlighting key documents such as:
- Form 990 – Return of Organization Exempt From Income Tax
- Form 990-EZ – Short Form Return for smaller organizations
- Form 990-N – Electronic Notice (e-Postcard) for small nonprofits with gross receipts normally $50,000 or less
- Form 8868 – Application for an automatic 6-month extension, if needed
Organizations are also reminded to review their eligibility to file each form and to ensure all supporting schedules are included. Late or missing filings may lead to penalties or, in some cases, loss of tax-exempt status.
The IRS encourages use of its electronic filing systems, which provide faster processing, confirmation of submission, and reduced errors. Most tax-exempt organizations are now required to file electronically.
For tax-exempt groups seeking more time, the agency stresses that Form 8868 must also be filed by May 15 to receive an automatic extension.
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