Small non-profits, TN filers face Friday filing deadline
Posted: Monday, October 11, 2010 11:59 am
The Messenger 10.11.10
NASHVILLE — The filing deadline for about 187,000 Tennessee taxpayers who requested an extension to file their 2009 tax returns is fast approaching.
Friday is also a crucial due date for about 9,300 small nonprofit organizations in Tennessee that are at risk of losing their tax-exempt status due to not filing for the last three years.
“October 15 is a dual deadline this year,” IRS spokesman Dan Boone said. “It’s the last chance for many small charities to comply with the law and, as always, it’s the filing deadline for taxpayers who got an extension earlier this year.”
The IRS reminds taxpayers that IRS E-file and Free File are available through Oct. 15. E-file with direct deposit results in a faster refund than by using a paper return, plus electronic returns have fewer errors. Free File is a fast, easy and free way to prepare and e-file online for taxpayers whose 2009 income was $57,000 or less.
Many small nonprofit organizations are at risk of losing their tax-exempt status because, according to IRS records, they failed to file the required returns for 2007, 2008 and 2009. They can preserve their status by filing returns by Friday under the one-time relief program announced by the IRS in July.
The names and last-known addresses of these at-risk organizations are posted on IRS.gov, along with guidance about how to keep their tax-exempt status. Small non-profits may only need to file Form 990-N online at IRS.gov, which usually takes about 10 minutes.
The 360-page list of Tennessee exempt organizations listed as at-risk of revocation include several from Obion County — among them the American Legion, 317 Jan Lynn St., Kenton; the American Legion, 407 Harris Drive, South Fulton; Milton Talley American Legion Post, Union City; the American Postal Workers Union, Union City; Beulah Cemetery Association, Union City; the Cryptic Masons of Tennessee, 3068 Shady Oaks Road, Union City; the Northwest Tennessee Chapter of Ducks Unlimited Inc.; the Family Career and Community Leaders of America Inc. chapter at Union City High School; Hornbeak City Cemetery Association; the Ida Lee Dashney Charitable Remainder Trust; the Ken-Tenn Bass Club Inc.; Kiwanis International, 417 Honey Locust Drive, South Fulton; the National Association of Letter Carriers (Fulton), P.O. Box 5152, South Fulton; the National Association of Letter Carriers (Hickman), 2283 Possum Trot Road, Troy; Obion Boys and Girls After School Program; Obion County Arts Council; Obion County Constables Organization; Reelfoot Lake Bass Club; Robert A. “Fats” Everett Memorial Fund Inc.; Royal Arch Masons of Union City; Rush Creek Cemetery Perpetual Care Association, Union City; Salem Cemetery Association; Shady Grove Cemetery Trust Fund; STAR, c/o A&D Unit at Baptist Memorial Hospital-Union City; Westover Center for the Arts; the Union City Business & Professional Women’s Club; and the Union City Jaycees.