skip to Main Content
(888) 361-9445 Contact Us  Client Login                          America's First Choice for Nonprofit Formation and Compliance

IRS Releases Guidance for Tax Exemption Reinstatement

As you are likely aware, the IRS finally released its long-delayed Nonfiler Revocation List last week.  On it were the names of 275,000 nonprofits that had their 501(c) status revoked (see previous post).  There has been some confusion and some mistakes, as would be expected with anything that impacts up to 20% of all tax-exempt organizations, but by and large, it appears the time the IRS took to get it right may have resulted in just that.

So, now what?  The IRS has issued guidance for those organizations who lost status in the form of 2 Revenue Procedures, 2 official Notices and 1 announcement.  For your reading (and possibly reinstatement) pleasure, here they are (in summary…click on the link for the full text):

Read More

275,000 Nonprofits Lose Tax Exempt Status

Well, it’s official.  We’ve known this day was coming since the Pension Protection Act was passed into law in almost 5 years ago.  On the afternoon of June 8, 2011, the IRS released the initial list of nonprofits that have automatically lost 501(c) tax exemption due to non-filing of Form 990 for 3 consecutive years, 2007-2009.  The numbers, while expected, are still staggering:

275,000 Nonprofits Are No Longer Tax Exempt!

Read More
Back To Top
Before you go, get a free copy of our helpful e-book...
Successfully Starting a New Nonprofit
  • Defining Your Nonprofit's Purpose
  • Nonprofit Ownership
  • Board of Directors
  • Executive Compensation
  • Fundraising & Compliance Basics
Start a 501(c)(3) Nonprofit
Introducing the SureStart nonprofit formation system.
Cost-Effective. Turnkey. Guaranteed!

Don’t compromise your vision. Discover just what you can accomplish with the right assistance!
Free eBook Download!
Understanding IRS Form 990
  • What is this Filing?
  • Which Version do I File?
  • When is it Due?
  • And Much More!
Free eBook Download!
Understanding Charitable Solicitations
  • What is this Filing?
  • Who Requires It?
  • Website Donations
  • And Much More!