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IRS Emphasizes Upcoming Deadline for Tax-Exempt Organizations

The Internal Revenue Service (IRS) has issued a reminder to thousands of tax-exempt organizations about the upcoming May 15, 2023, filing deadline.

Typically, tax-exempt organizations are required to file specific returns by the 15th day of the 5th month following the end of their accounting period. Consequently, organizations operating on a calendar-year (CY) basis are expected to submit their returns by May 15, 2023.

The returns due include:

  • Form 990-series annual information returns (Forms 990, 990-EZ, 990-PF)
  • Form 990-N, Electronic Notice (e-Postcard) for Tax-Exempt Organizations Not Required to File Form 990 or Form 990-EZ
  • Form 990-T, Exempt Organization Business Income Tax Return (other than certain trusts)
  • Form 4720, Return of Certain Excise Taxes Under Chapters 41 and 42 of the Internal Revenue Code

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