JONATHAN B TUCKER CPA 

Tax administration and compliance

Below is a listing of common tax forms this firm can prepare for clients.  Extensions are available for some situations.

Federal:

990 - Return of Organization Exempt From Income Tax.  Due by the 15^th day of the 5^th month after year end (i.e. May 15^th for calendar year end), unless extended by Form 8868 (3 months).

990-PF - Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation.

990-T - Exempt Organization Business Income Tax Return (and proxy tax under section 6033(e)).

1023 - Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code.

1024 - Application for Recognition of Exemption Under Section 501(a). 

1040 - U.S. Individual Income Tax Return.  Due April 15^th of the following year, unless extended by Form 4868 (6 months)

1120-H - U.S. Income Tax Return for Homeowners Associations.  Due March 15^th of the following year, unless extended by Form 7004 (6 months).

**Note: This information contains statements concerning taxation, which are provided for information purposes only, do not constitute tax advice which may be relied upon to avoid penalties under any federal, state, local or other tax statutes or regulations, and do not resolve any tax issues in your favor.

State:

Franchise: imposed on each taxable entity chartered/organized in Texas or doing business in Texas.  The initial report is due one year and 90 days after the registration date of a Texas taxable entity.  For a non-Texas taxable entity, the due date is one year and 90 days after the taxable entity began doing business in Texas. 

After the initial report is filed, the taxable entity will file an annual report each May 15.

Sales and Use: imposed on all retail sales, leases and rentals of most goods, as well as taxable services.  Texas cities, counties, transit authorities and special purpose districts have the option of imposing an additional local sales tax for a combined total of state and local taxes of 8 ¼% (.0825). 

Sales tax returns are due on the 20^th day following the end of the month.