Tax deadline approaching for tax-exempt groups

If you are involved with a tax-exempt (nonprofit) organization, be aware of this approaching deadline: An annual report must be filed with the IRS on the 15th day of the fifth month after the organization’s year-end. For calendar-year organizations, the deadline for 2014 reporting is May 15, 2015. Organizations with gross annual receipts below $50,000 can file an e-postcard rather than a longer version of Form 990.