Form 990

/Tag:Form 990

The Difference Between Not-for-Profit and Tax-Exempt

By | September 22nd, 2015|Categories: Small Business Tax and Accounting|Tags: , , , , , |

The difference between not-for-profit and tax-exempt is: one is a term relating to state law, while one is a tax term.

Video Provides Guidance for Tax Exempts to Get their Status Back

By | July 19th, 2011|Categories: Potpourri of Tax Topics|Tags: , |

In June the IRS released a lengthy list of not-for-profits that lost tax-exempt status for not filing a Form 990 for 3 straight years.  Luckily, many of those not-for-profits may be able to get their tax-exempt status back by following an IRS procedure.  The IRS explains more in this YouTube video.

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IRS Releases List of Revoked Tax Exempt Statuses

By | June 18th, 2011|Categories: Potpourri of Tax Topics|Tags: , |

Earlier this month, the IRS released the names of organizations that have lost tax-exempt status for failing to file a Form 990 with the IRS for 3 straight years.  The IRS also released a Revenue Procedure that offers guidance on how these organizations can regain tax-exempt status.  This link takes you to a page on IRS [...]