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How Did 275,000 Nonprofits Lose Tax-Exempt Status?

Published on: June 9, 2011March 21, 2014 by Gene Takagi 1 Comment

Yesterday, the IRS identified 275,000 nonprofits that had their federal tax-exempt status revoked as a result of failing to satisfy their filing requirement for three consecutive years.  This is a result of section 6033(j) of which was added to the Internal Revenue Code (“IRC”) as part of the Pension Protection Act of 2006: 6033(j)  Loss of […]

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