If you are an officer or responsible person for a small tax-exempt organization like the soccer or band booster club, your organization may need to file Form 990-N, Electronic Notice (e-postcard) beginning in 2008. This new annual notice is for tax-exempt organizations not required to file Form 990 or 990-EZ. Form 990 or 990-EZ is generally required by organizations with annual gross receipts more than $25,000. The IRS sent letters to the responsible parties they knew about but may have missed some or the people are no longer involved with the organization.

The form is an e-postcard. According to the SSA/IRS Reporter included with taxpayer’s Form 941 for the second quarter of 2007, this postcard can only be filed electronically. IRS plans to have an option that permits free electronic submission of the e-postcard. IRS hopes people, especially those doing volunteer work, will spread the word about this upcoming requirement.

Any organization that fails to file the annual form for three consecutive years will automatically lose its tax-exempt status. Once the status is lost, the organization will have to reapply for the tax-exempt status.