085: Back to Compliance: Reinstating Tax-Exempt Status for a Charity
Manage episode 425326316 series 3558227
Welcome to EO Radio Show - Your Nonprofit Legal Resource. In episode 85, Cynthia Rowland addresses the steps needed when a charitable organization has its tax-exempt status revoked by the IRS for failure to file the required information returns, that is, form 990, 990PF, 990 EZ, or the postcard return for very small charities, 990-N.
Often, charities fall out of compliance not just with the IRS but also with the state regulators, which may include the state income tax filing requirements, charity registry filings, and Secretary of State annual or bi-annual filings.
Today, she discusses the road to recovery for an organization that wants to get back on track.
Show Notes:
Farella YouTube podcast channel
Revenue Procedure 2014-11 (PDF explains the four procedures an organization may use to apply for reinstatement)
IRS Exemption forms: Form 1023, Form 1023-EZ, Form 1024 or Form 1024-A
Additional IRS information
- Annual Reporting and Filing
- Online course - Applying for Section 501(c)(3) Status - An Overview (37 minutes)
- Revoked? Reinstated? Learn more
If you have suggestions for topics you would like us to discuss, please email us at eoradioshow@fbm.com. Additional episodes can be found at EORadioShowByFarella.com.
DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion.
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