Tuesday, February 26, 2013

Expect Expanded IRS Revocation List In March - Tony Martignetti

Expect Expanded IRS Revocation List In March - Tony Martignetti: Next month’s list will be larger than usual because IRS is changing the admission standard. It’s easier to get on.

Starting in March, charities will get one month notice that they’re facing revocation. Until now, you didn’t make the list until tax-exempt status had been revoked for six months.

March’s list will have a seven month catch up–all those revoked but not yet revealed, plus those soon to be revoked–so it will be much longer.

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