IRS To Begin Revoking Tax-Exempt Status

GuideStar recently sent me this message about changes in nonprofit requirements. These were part of the Pension Protection Act of 2006. On May 16, 2010, the IRS will begin revoking tax-exempt status from nonprofits that failed to file three consecutive annual returns (Form 990-N, 990-EZ, 990, or 990-PF).” The law requires the IRS to revoke … Continue reading