It’s Tax Time for States and Chapters too!

Under our new 501(c)(3) group exemption, all AFA subordinate organizations should now be on a calendar tax year (December 1-January 31). That means annual tax filings are due by May 15, 2011. The electronically filed form 990-N ePostcard, which takes only 10-15 minutes to file, will work for nearly all of our states/chapters (the threshold to qualify for 990-N filing has been raised to $50,000 average annual gross receipts).

We know that IRS did not catch the tax year conversion on a number of chapters when they refreshed the group exemption. If the IRS still shows you on a different tax year, go ahead and file the most recent form available, but contact Buck Buckwalter (bbuckwalter@afa.org) so he can rectify the tax year in the next subordinate update listing.

For those few chapters who must file a form 990 or 990-EZ and were previously not on a calendar year filing schedule, you should file the previous tax year’s form for the year ending in 2010 and also a part-year return for the period from the end of the “old” year (usually October 1 to December 31, 2010.)

Your state may require additional registrations/filings that are also your responsibility. Please check out your state’s website listed in the document at the “Fundraising Registration” link on the Field Resources page of the AFA website. Contact Buck Buckwalter (bbuckwalter@afa.org) with any questions.

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