Aplos Software, LLC, an authorized IRS e-file provider, has introduced Aplos e-File, a tax preparation software and e-filing of IRS Form 990-EZ, in March of 2013. The online software will be available on their website, www.aplossoftware.com.
Form 990-EZ is the short version of the annual informational return that is required by the Internal Revenue Service for tax-exempt organizations and includes information about the organization’s mission, programs and finances.
Aplos e-File takes the tax-exempt organization through the form step-by-step, provides relevant tips and guidance, ensures that all needed information is included, then submits the return electronically to the IRS and provides a copy of the return and any schedules for their records. Aplos e-File will offer Form 990-EZ for the fiscal year of 2012 and will charge $39.99 per return.
“We took the stress out of Form 990-EZ by making it simple, straight-forward, and providing lots of guidance along the way,” said Tim Goetz, CPA and co-founder of Aplos Software. “Now nonprofits can confidently complete the 990-EZ at their own pace online.”
The deadline for submitting Form 990-EZ is the 15th of the fifth month after the close of the organization’s fiscal year. For example, if the nonprofit’s 2012 fiscal year ended December 31, 2012, then their return will be due by May 15, 2013.
To be eligible to file Form 990-EZ, the tax-exempt organization must have gross receipts of less than $200,000 and assets less than $500,000. Aplos Software also offers free preparation software and e-filing of Form 990-N (e-Postcard) for the fiscal year of 2012. This simple, online return is required for tax-exempt organizations that normally make less than $50,000 in gross receipts.
Organizations that do not need to file the IRS form include organizations that are included in a group return; churches and their auxiliaries, conventions or associations; and organizations that are required to file a different return. Visit www.irs.gov for more information about annual reporting requirements.
Aplos e-File will be available for Form 990-EZ at www.aplossoftware.com/products/efile/990ez. To complete the Form 990-EZ, the nonprofit will need their employer identification number, fiscal year starting day and month, legal name, mailing address, tax-exempt status type, details about principal officers and their compensation, compensation details for the five highest paid employees, financial statements including balance sheet and income statement, information about their three largest program service accomplishments and information about contractors.
Aplos Software is based in California.