Article Highlights:

• Informational Return Requirements

• Due Date

• Electronic Filing Requirement

• Filing Extension

Even though organizations like charities and foundations may be tax-exempt, the IRS still requires them to file certain information every year. For many of these exempt organizations, the deadline to file their 2021 information return is Monday, May 16, 2022.

In addition, tax-exempt organizations must file their forms electronically which makes compliance with reporting requirements easier.

If an organization can’t make the May deadline, a 6-month automatic extension can be filed by May 16, 2022.

If this office can be of assistance filing an information return and/or an extension, please call before the due date.