Don’t throw away tax exempt status

Don’t throw away your tax-exempt status!

From the IRS:

If you are a tax-exempt organization that normally has annual gross receipts of $50,000 or less  you must file the e-Postcard.
The e-Postcard is due by the 15th day of the fifth month after the close of your tax year. So if your organization operates on a calendar year, the e-Postcard is due by May 15 of the following year.

What happens if you don’t file? You risk losing your tax-exempt status!

If you think this new filing requirement may apply to your organization, go to
IRS.gov/eo for complete details.

 

Here’s a nice flyer the IRS made up to explain the e-postcard:
http://www.irs.gov/pub/irs-tege/p4619p2.pdf

Don’t lose your tax exempt status by ignoring the e-postcard.  It’s too valuable to lose!

Carol Topp, CPA

Related posts:

1. IRS starts revoking tax exempt status May 17
2. Does a nonprofit need to file any tax returns before they apply for tax exempt status?
3. Government Intrusion and 501c3 Tax Exempt Status
4. Can’t we operate without IRS tax exempt status?
5. Congratulations on 501(c)(3) tax exempt status!