Why Small Tax Exempt Organizations Must File Annual Electronic Notice IRS 990-N?

IRS has given the privilege to small non-profit exempt organizations whose annual income normally is $50,000 or less to file the annual electronic notice called e-postcard the 990-n and not the full form 990 or 990-EZ because they are small and doing a service to society with fewer contributions in receivables of kind and money from donors and so it is naturally impracticable for them to maintain an office administration expenses. So IRS is helping the small...

The Essentials Of Form 2290 Are Potential In Determining The Right Excise Tax Slab

Essential details that are clearly provided by truckers in the form 2290 will help determine the exact excise tax slab. The EIN-Employers Identification Number(not SSN), the VIN-Vehicle Registration Number, and the taxable gross weight of each vehicle are the most essentials of form 2290. In this, the taxable gross weight of the vehicles undergoing excise tax formalities through form 2290 is the potential lead to assess the excise tax payable by the truckers to IRS. As per...