Legal counsel for nonprofit organizations
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Category Archives: Form 990

Nonprofit Reporting Requirements Present Traps for the Unwary

Posted on March 18, 2015 by bentakis

Running a nonprofit organization requires managing a dizzying array of details under stressful circumstances, including overseeing staff and service providers on a limited budget, seeking donations and grants, and navigating the various personalities and preferences on the Board of Directors. … Continue reading

Posted in 501(c)(3), 501(c)(4), 501(c)(5), 501(c)(6), Form 990, Reporting | Comments Off on Nonprofit Reporting Requirements Present Traps for the Unwary

IRS Rev. Proc. 2014-11 Offers Relief for Automatically Revoked Organizations

Posted on January 8, 2014 by bentakis

The IRS recently issued Revenue Procedure 2014-11 providing guidance on the process of reinstatement of tax-exempt status for organizations whose tax-exempt status was revoked for failure to file Forms 990 for three consecutive years. Revenue Procedure 2014-11 is the first … Continue reading

Posted in Automatic Revocations, Form 1023, Form 1024, Form 990 | Comments Off on IRS Rev. Proc. 2014-11 Offers Relief for Automatically Revoked Organizations

Filing Form 990-N Prior to IRS Recognition of Exemption

Posted on March 28, 2013 by bentakis

Today on the American Bar Association Listserv for Exempt Organizations attorneys, somebody asked how an organization goes about filing a Form 990-N if the organization has not yet filed a Form 1023 or 1024 (or has an application pending). Form … Continue reading

Posted in Form 1023, Form 1024, Form 990 | Comments Off on Filing Form 990-N Prior to IRS Recognition of Exemption