| Small California Tax-Exempt Organizations
FTB is mailing notices to the more than 256,000 tax-exempt organizations meeting the criteria to file using FTB 199-N, also known as the e-postcard. Available online, the e-postcard asks the same basic information as the IRS Form 990-N. The due date is the same for state and federal purposes — by the 15th day of the 5th month after an organization’s tax year ends. For example, organizations whose calendar year ends December 31, 2010, must file by May 15, 2011. Islip + Company CPAs offer personalized service to help you with these issues. Since 1958, we have successfully worked with the IRS and the FTB helping our clients stay in compliance of the tax laws and pay the minimum amount due. With Offices in Sacramento and Auburn as well as internet we are able to deliver premium service nearly anywhere...without premium pricing. "It's not just about the numbers... it's what's behind the numbers that counts". Give us a call or send us an email 916-488-1900 Sacramento, 530-746-3020 Auburn or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
A tax-exempt organization that fails to file the e-postcard for three consecutive years loses its tax-exempt status and may be liable for the $800 minimum franchise tax. Any organization losing its status will have to reapply for tax exemption. In 2010, California conformed to the new federal law requiring small tax-exempt organizations, other than churches and church-related organizations, with gross receipts of $25,000 or less to file an information form with the IRS. For more information, visit www.ftb.ca.gov and search for Exempt Organizations, or call FTB at 916. 845.4171.
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| California Tax-Exempt Organizations Must File to Retain Exempt Status |
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Written by Patrick Islip, CPA