directed, the California State PTA and National PTA portions of dues, or other assessments such as insurance premiums, shall be forwarded through channels to the California State PTA without requiring specific authorization by the association. These portions shall never be recorded as part of the unit PTA's gross income.

Yes. Call BVA at 1-800-669-7079 or click here to request your copy. You can also download a copy in pdf format by clicking here. Click here for a copy of our IRS Form 990. You must have Adobe® Acrobat Reader to view.

IRS Form 990 is the tax return required by the federal government of organizations exempt from income tax. When a nonprofit organization is granted tax-exempt status, Form 990 becomes its annual responsibility. The form is due each year 4 ½ months after the close of the organization's fiscal year.

All ACM chapters must submit the IRS 990 form as part of the chapter's annual report each fiscal year. About ACM | Contact us | Boards & Committees | Press Room | Membership | Privacy Policy | Code of Ethics | System Availability | Copyright © 2008, ACM, Inc.

A completed IRS Form 990 will include the entire Form 990 itself, and all applicable supplemental/supporting statements. It must also contain all appropriate signatures. Whether or not the agency is a chapter, it must apply with information pertaining to it's particular office. This includes an independent audit, IRS Form 990, 501(c)(3) letter, annual report, etc. National and regional information is not permitted for local entities.

The amount of use tax collected should not be included in your gross receipts. If the use tax is included in your gross receipts, it should be backed out. To back this out, take your total amount of gross receipts, including the sales tax, divide (100% plus your current tax rate). Note: A record of the adjustment claimed on each return must be maintained in your files. The Department of Revenue will review this information if you are audited.

The amount of sales tax collected should not be included in your gross receipts. If the sales tax is included in your gross receipts, it should be backed out. To back this out, take your total amount of gross receipts, including the sales tax, divide by 100% plus your current tax rate. Note: A record of the adjustment claimed on each return must be maintained in your files. The Department of Revenue will review this information if you are audited.

Gross receipts are all monies received by the organization regardless of whether it was in the form of fundraising, donations of money, donations of materials, grants, etc. before any expenses are deducted.

The fine for filing a late or incomplete form is $20/day up to the lesser of $10,000 or 5% of gross receipts. For organizations with gross receipts of more than $1 million in the year, the penalty is increased to $100/day to a maximum of $50,000.

Failure to timely file the information return, absent reasonable cause, can give rise to a penalty under section 6652 of the Code. Generally, the reasonable cause exception to the penalty will be determined on a case-by-case basis taking into account all relevant facts and circumstances.

States and municipalities assess these surcharges in different ways and rates. Proceeds go to local governing bodies. It is imposed on local and long distance phone company revenues.

The miscellaneous gross receipts tax is a tax imposed on each utility company located in an incorporated city or town having a population greater than 1,000, according to the last federal census; utility company includes retail electric providers making sales to customers located in an incorporated city or town having a population greater than 1,000, according to the last federal census.

The IRS filing deadline for the Form 5500 is seven months after the plan year ends. For a plan year ending December 31st, the filing deadline would be July 31st.

The filing deadline can be extended by a corporate extension or by request via Form 5558 Application for Extension of Time to File Certain Employee Plan Returns. If your company has a corporate tax extension, then the filing deadline is automatically extended one and a half months. The Form 5558 requests an extension of two and a half months specifically for the Form 5500.

Form 990 is due 4 1/2 months after the close of your fiscal year. For example, if your fiscal year ends on June 30, Form 990 is due on November 15. If your fiscal year ends on December 31, Form 990 is due on May 15. Schedule A is due on the same date as Form 990 is due. (A Form 990 that has been postmarked on the due date will be accepted as having been filed on time.)

Just as individuals and corporations must file annual "tax returns," nonprofits must file annual "information returns." (Churches, government agencies, individuals, and businesses need not file Form 990.) Federal Form 990 ("Return of Organizations Exempt from Income Tax") and Form 990EZ compile financial information, program activities, names of board members, and other basic information. Form 990EZ is a shortened version of Form 990 for smaller organizations.

The correct form to use is one for which the fiscal year begins. If the fiscal year begins July 1, 2000, and ends June 30, 2001, then the PTA would use the Form 990 for the year 2000.