Retroactive Reinstatement Procedures: Simplified

Generally, most tax-exempt organizations are required to file an annual return or notice with the IRS. Since 2010, the IRS has revoked the exemption of hundreds of thousands of organizations for failing to file the applicable annual return for three consecutive years. Once an organization’s tax-exempt status has been revoked, it may suffer a number […]

Attorneys and Startup Nonprofits: PTIN Requirement

Attorneys who are compensated for preparing all or substantially all of the IRS exemption applications (Forms 1023 or 1024) must have a Preparer Tax Identification Number (PTIN) for 2012.  Pro bono attorneys who help startup nonprofits are not required to have a PTIN if they prepare such Forms without compensation. If you think nobody was […]