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Archive for December, 2010

New 990 Filing Threshholds

Friday, December 3rd, 2010

The IRS has announced that starting with tax year 2010, nonprofits with gross receipts of $50,000 or less may choose to use the 990N reporting to the IRS.  This is a change from the previous threshhold of $25,000. Saying again, this affects THIS tax year (2010). The 990N is the on-line reporting that only requires […]