New tax filing deadlines, tax provisions concerning exempt organizations

New tax filing deadlines for exempt organizations

President Obama on 31 July signed into law the “highway bill”—H.R. 3236, the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015—that extends the highway trust fund authorization through 29 October 2015, and provides $7 billion in additional funding. The new revenue is provided by a number of compliance-related tax provisions, including a provision changing tax filing deadlines and requiring the IRS to modify certain regulations governing due dates and extensions for returns for tax years beginning after 31 December 2015.


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Exempt organizations

Provisions of particular interest to exempt organizations include requiring the following modifications to the regulations:

  • The maximum extension for the returns of organizations exempt from income tax filing Form 990 (series) will be an automatic six-month period ending on 15 November for calendar year filers.
  • The maximum extension for the returns of employee benefit plans filing Form 5500 will be an automatic 3½-month period ending on 15 November for calendar year plans.
  • The maximum extension for the returns of organizations exempt from income tax that are required to file Form 4720, Returns of Certain Excise Taxes, will be an automatic six-month period beginning on the due date for filing the return (without regard to any extensions). 

When these changes take effect in tax years beginning in 2016, exempt organizations generally will be able to fully extend the due date of their returns (e.g.,15  November for calendar year taxpayers and 15 May for taxpayers with a 30 June year-end) through filing only one six-month extension as compared to the current requirement to file two, separate three-month extensions.

Read more about the new legislation, including provisions about the new filing dates for partnerships and C corporations and extensions for numerous other forms, including FBARs and Forms 5227 at TaxNewsFlash-United States.


For more information, contact:

D. Greg Goller | +1 (703) 286-8391 |

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