Automatic Revocation of Nonprofits' Tax-Exempt Status: What Nonprofits, Grantmakers, and Donors Need to Know

Tags : Finances and Sustainability

Is a GuideStar report by Linda M. Lampkin of the Economic Research Institute. On May 17, 2010, the IRS began revoking tax-exempt status from nonprofits that failed to file three consecutive annual returns. This report provides information on which organizations are at risk, what steps affected organizations should take, and the impact this action will have on the nonprofit sector.

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