IRS Releases Guidance for Small Nonprofits at Risk of Losing Tax-Exempt Status

August 18, 2010

On July 26, 2010, the IRS released guidance on filing relief for Form 990-N and 990-EZ filers in danger of losing their tax exemptions because they have not filed for three consecutive years. This one-time relief is available to small organizations whose filing deadlines fall on or after May 17, 2010, and before October 15, 2010. All returns filed under this program are due no later than October 15, 2010. Read the entire article with background information and links to filing instructions provided by GuideStar.

Source: GuideStar® Newsletter August 2010