Monday, January 24, 2011

IRS Issues 990 Filing Threshholds for 2010 Tax Year

New IRS 990 Filing Thresholds for 2010 Tax Year

Do you know which Form 990-series return you are required to file for the 2010 tax year? The 990 filing thresholds for the year 2010 and later (filed in 2011 and later) will change as follows for all organizations required to file a 990-series return:
  • Organizations with gross receipts normally < $50,000 must file Form 990-N (but may choose to file a complete Form 990 or Form 990-EZ). In prior years only organizations with gross receipts normally < $25,000 could file the Form 990-N ("e-postcard").
  • Organizations with gross receipts > $50,000 and < $200,000 and total assets < $500,000 must file Form 990-EZ or a complete Form 990.
  • Organizations with gross receipts > $200,000 or total assets > $500,000 must file Form 990.
  • Private foundations must file Form 990-PF.
If you have a technical or procedural question relating to Exempt Organizations (EOs), visit the Charities and Nonprofits homepage on the Web site. If you have a specific question about exempt organizations, call EO Customer Account Services at 1-877-829-5500.

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Tuesday, January 11, 2011

HLAA Staff Member Toni Barrient Retires

After nine years as a national staff member of the Hearing Loss Association of America, Toni Barrient will retire on February 4, 2011. Executive Director Brenda Battat offers her thanks on behalf of the Board of Trustees, staff, and the membership. “We appreciate Toni’s years of dedicated service to this organization. She has been responsible for innovations that helped us transition to the information technology age, which included our popular HLAA Webinars.”

Toni also served as long-time director of chapter development until March 2010 when she became director of member services and business manager. She is moving to her home state of California and hopes to spend more time with her growing family as well as work part-time. Toni says: “I will still be involved at the local level and volunteer on behalf of HLAA.”