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Small Organization at Risk of Losing Its Exempt Status!

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Category : > Non Profit Religious and Non Religious Organization
Posted On : Wed Sep 01st,2010

Tips to save your exempt organization status | Information Source IRS official site|

 Do You Know a Small Organization at Risk of Losing Its Exempt Status?

We need your help to prevent tax-exempt organizations in your community from losing their tax exemption.  Tax-exempt organizations, except churches and church-related groups, that fail to file for three consecutive years automatically lose their tax-exempt status.  The IRS is providing one-time relief to allow small tax-exempt organizations to come back into compliance by October 15, 2010, and retain their tax-exempt status even though they failed to file for three consecutive years. The IRS has published a list of over 300,000 organizations at risk of losing their exemption because the IRS has no record of their filing for 2007, 2008 or 2009.  

If you are a volunteer, member or just a friend of an organization at risk of losing its exemption, please alert the organization and encourage it to go and find out how the organization can come back into compliance today.




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