KPMG Spark Blog

Recommended

Making the Most of Restaurant Relief Funding

How to Know If Your Small Business Qualifies for the R&D Credit

COVID and Taxes: Tax Breaks That You Should Know

2021 Tax Due Dates for Exempt Organizations

Exempt organizations, like corporations, individuals, and everything in between, must stay informed of important tax due dates.

Tax season can be stressful for everyone - even tax-exempt organizations. Exempt organizations, like corporations, individuals, and everything in between, must stay informed of important tax due dates. Watch out for these tax year 2021 due dates for exempt organizations:

Tax Return Due Dates

Original due date or 6-month Extension (for calendar year Organizations)

5/16/2022

If there is a payment required with the return it is due by the original due date of the tax return to avoid any additional late payment penalty and interest

Extended due date of Form 990-T

11/15/2022

Don’t let one of these important dates slip your mind this year! KPMG Spark is in your corner, making sure your business is ready for tax season. Our bookkeepers can help you navigate your financials, from daily expenses to tax milestones. Be more prepared than ever for tax season and schedule a consult with us today!

 The views and opinions expressed herein are those of the author and do not necessarily represent the views and opinions of KPMG LLP.

This blog article is not intended to address or provide advice concerning the specific circumstances of any particular individual or entity and does not constitute an endorsement of any entity or its products or services.

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

The following information is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230. The information contained herein is of a general nature and based on authorities that are subject to change. Applicability of the information to specific situations should be determined through consultation with your tax adviser.

Ben AsplundDecember 10, 2021Posted In: Tax Tips

Download our Free Guide - Managing Small Business Cash Flow

Recommended

Making the Most of Restaurant Relief Funding

How to Know If Your Small Business Qualifies for the R&D Credit

COVID and Taxes: Tax Breaks That You Should Know

Subscribe

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

KPMG Spark is an online accounting service that saves you time so you can focus on what’s most important for your business.

Sign Up

7 Tips for Nonprofit Accounting

Find out more about nonprofit accounting, how it’s different from for-profit organizations, and what you need to know to operate your nonprofit successfully.

KPMG SparkJune 21, 2022Posted In: Tax Tips

Why Nonprofits Need Managed Accounting

Find out more about nonprofit organizations, why they need managed accounting, and how nonprofit bookkeeping can contribute to their success.

KPMG SparkJune 14, 2022Posted In: Accounting Info

6 Things You Need to Know About Nonprofit Accounting

Let’s take a closer look at what nonprofit accounting is, how it’s different, and why accountability is key for nonprofit success.

Timothy A A StilesJune 7, 2022Posted In: Accounting Info

Should Your Small Business Be Filing 1099-NEC Forms?

Let’s explore Form 1099-NEC – who is required to file it, who should be furnished it, and its importance in meeting your annual tax return requirements.

KPMG SparkMay 24, 2022Posted In: Tax Tips

Using a 1099-MISC Form for 2021 Taxes

Find out more about the 1099-MISC form including who submits it, who needs it, and how it relates to filing your 2021 taxes as a small business owner.

KPMG SparkMay 17, 2022Posted In: Tax Tips

Get To Know a KPMG Spark Bookkeeper, Austin!

Join us today to meet Austin, a bookkeeper at KPMG Spark. At KPMG Spark, our automated bookkeeping software is backed up by a team of real bookkeepers. They work behind the scenes handling all your day-to-day bookkeeping tasks. Clients can contact them with any questions they may have. Today we are getting to know Austin, one of our bookkeepers at KPMG Spark.

Alexandra OjalvoMay 10, 2022Posted In: Business Tips

Reduce Costs and Risks with Managed Accounting

How guidance from user-friendly software, state-of-the-art AI technology, and accounting specialists can be a gamechanger for small to medium business owners.

KPMG SparkMay 3, 2022Posted In: Business Tips

The Electronic Federal Tax Payment System or EFTPS®: Paying Your Taxes Online for Free

Find out more about the free EFTPS® service provided by the U.S. Department of Treasury, including how to use it and which updates may benefit you the most.

KPMG SparkApril 26, 2022Posted In: Tax Tips

Top Three Accounting Strategies You Can Implement to Position Your Business for Success

Check out these quick wins business leaders can begin practicing to experience noticeable accounting gains, from saving time to improving the bottom line.

KPMG SparkApril 14, 2022Posted In: Business Tips