Not For Profit/Exempt Organizations Blog

Tag Archives: retroactive reinstatement

Recaps from Proskauer’s 19th Annual Trick or Treat Tax Exempt Seminar

Proskauer’s 19th Annual Trick or Treat Seminar was held on Friday, October 31. The Seminar discussed: Charitable giving techniques Labor and employment issues with using volunteers and interns Recent developments in employee benefits In her introductory remarks, Amanda Nussbaum discussed recent tax developments, including the development of IRS Form 1023-EZ, the process for reinstatement of tax-exempt status, and … Continue Reading

IRS Introduces New Procedures for Reinstatement of Tax-Exempt Status

Tax-exempt organizations that have had their tax-exempt status automatically revoked because of failure to file required annual returns for three consecutive years can follow new procedures for seeking reinstatement of their tax exemptions.  The IRS released these procedures in Revenue Procedure 2014-11 on January 2, 2014.  The Revenue Procedure, which is the first IRS guidance … Continue Reading

275,000 Nonprofits Lose Tax-Exempt Status

The IRS announced June 8, 2011 that approximately 275,000 organizations lost their tax-exempt status because they did not file annual returns for three consecutive years. The IRS has published on its website separate lists of affected organizations for each state. … Continue Reading
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