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Annual Filing Requirement for Tax-Exempt Organizations
April 29, 2010
By: Bryson M. Kirksey, Gregory D. Willett
Since 2007, tax-exempt organizations (other than churches), regardless of the size of their gross receipts, have been required to file yearly forms with the IRS. If a tax-exempt organization fails to file these forms for 3 consecutive years, the organization's tax-exempt status will be automatically revoked. So if you are a calendar-year tax-exempt organization that has not filed your required form for 2007, 2008, and 2009 by May 16, 2010, you will lose your tax-exempt status.
Click here for more on these requirements.