This blog contains news on nonprofit legislation, government relations and related topics. This material was gathered by the AFP Fundraising Resource Center. Site Disclaimer: AFP provides the following listing of hyperlinks to other Internet pages as a privilege to the user. AFP does not necessarily endorse, support or attest to the accuracy of information posted on those Internet pages. Some urls may require registration to view and/or may only be available for a limited time.
Thursday, May 03, 2012
IRS May Have Missed 15,000 Organizations That Lost Their Tax-Exempt Status
IRS May Have Missed 15,000 Organizations That Lost Their Tax-Exempt Status: The Internal Revenue Service identified 279,500 tax-exempt organizations that did not file a return or notice for three consecutive years, but it potentially did not identify more than 15,000 organizations that failed to file for three consecutive years, according to a new government report. Due to a programming error the IRS did not notify them that their tax-exempt status had been automatically revoked.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment