Certified Public Accountants

Mosford, Barthel & Co., PLC.

Mosford, Barthel & Co., PLC. is a local accounting firm with offices located in Monticello and Elk River, MN.  The firm was founded in 1976 by Bob Mosford, CPA/PFS, and has continued to grow along with Monticello, Elk River, and the surrounding communities.

Tax-Exempt filing requirements

Text Box: There are two new electronic filing requirements for tax-exempt organizations. First, certain tax-exempt organizations will have a new filing requirement imposed by the Pension Protection Act of 2006. For tax periods beginning after December 31, 2006, tax-exempt organizations whose gross receipts are normally less than $25,000 must electronically file an annual notice (990-N also known as the e-Postcard). Exceptions to this requirement include organizations that are included in a group return, private foundations required to file Form 990-PF, and section 509(a)(3) supporting organizations required to file Form 990 or Form 990-EZ. The IRS is developing a filing system for the annual electronic notice and will publicize filing procedures upon completion of the filing system. Letters will be mailed starting in July 2007 notifying small tax-exempt organizations that they may be required to file the e-Postcard. Organizations that do not file the e-Postcard (form 990-N) or an information return Form 990 or 990-EZ for three consecutive years, will have their tax-exempt status revoked as of the filing due date of the third year. Second, some tax-exempt organizations will be required to electronically file their Forms 990. For tax years ending on or after December 31, 2006, tax exempt organizations will be required to e-file if they have $10 million or more in total assets. In addition, private foundations and charitable trusts will be required to e-file Forms 990-PF regardless of their asset size. Feel free to contact us at 763-295-4800 or via email with any questions that you have!

 

 

Monticello Office:

305 Cedar Street, Suite 201

Monticello, MN 55362

Tel: (763) 295-4800

Fax: (763) 295-4804

 

Elk River Office:

812 Main Street, Suite 210

Elk River, MN 55330

Tel: (763) 441-1384

 

Email: amoll@mbcocpa.com

 

Directions:

Select office location below for Mapquest directions:

· Monticello

· Elk River

To contact us:

Copyright © 1999-2008 Mosford, Barthel & Co., PLC.