IRS Exempt Organizations FY2011 Workplan

The IRS Exempt Organizations Division 2011 for its Fiscal Year 2011 was released last month.  The new year is a good time to review the Division’s priorities and how they might impact your organizations. The Division will support five overarching IRS focus areas: Impact of Recent Legislation.  The Affordable Care Act (ACA), the Hiring Incentives to […]

IRS Exempt Organizations Division FY2010 Annual Report

The IRS Exempt Organizations Division Annual Report for its Fiscal Year 2010 was released earlier this month.  The EO Division has three principal offices: EO Examinations (Examinations) is responsible for audits and (less intensive) compliance checks of tax-exempt organizations. EO Rulings and Agreements (R&A) is responsible for reviewing applications for exemption, issuing private letter rulings, […]

One-Time Relief Program for Small Organizations that Failed to File Form 990 for Three Consecutive Years

From the IRS website (July 26, 2010): Tax-exempt organizations that fail to satisfy annual filing requirements for three consecutive years automatically lose their tax-exempt status. The IRS is providing one-time relief that will allow small exempt organizations to come back into compliance and retain their tax-exempt status even though they failed to file for three consecutive […]

IRS Eliminates Advance Rulings Process

On September 8, 2008, the IRS issued new regulations that eliminate the public charity advance ruling process.  IR-2008-102, “IRS Streamlines Application Process for New Tax-Exempt Organizations,” stated in part: The Internal Revenue Service and the Treasury Department today issued new regulations that do away with the so-called advance rulings that granted public charity status for […]