In July 2010, the Internal Revenue Service released information to help small nonprofit organizations who are in danger of losing their tax exempt status for failure to file Form 990-N or Form 990 -EZ. This relief is not for all tax exempt organizations.
If your organization is required to complete Form 990 or Form 990- PF and have not filed for three consecutive years; your tax exempt status can be automatically revoked.
In September 2009 I provided information regarding the IRS new regulations for Form 990 and the possible implications for rape crisis centers. In March 2010 I followed up with a webinar titled “Are You Ready for the New 990” in which Steve Zimmerman of Spectrum Nonprofit Services provided extensive information regarding what steps non profit organizations should take to prepare for filing Form 990.
For more information on this topic, go to:
