IRS Updates

---

  1.  Do You Know a Small Organization at Risk of Losing Its Exempt Status

---

We need your help to prevent tax-exempt organizations in your community from losing their tax exemption.  Tax-exempt organizations, except churches and church-related groups, that fail to file for three consecutive years automatically lose their tax-exempt status.  The IRS is providing one-time reliefto allow small tax-exempt organizations to come back into compliance by October 15, 2010, and retain their tax-exempt status even though they failed to file for three consecutive years. The IRS has published a listof over 300,000 organizations at risk of losing their exemption because the IRS has no record of their filing for 2007, 2008 or 2009.  

If you are a volunteer, member or just a friend of an organization at risk of losing its exemption, please alert the organization and encourage it to go to IRS.govand find out how the organization can come back into compliance today.

Back to Top

---

  2.  New FAQs for "At-Risk" Organizations

---

As described above, tax-exempt organizations that do not satisfy annual filing requirements for three consecutive years automatically lose their tax-exempt status. The IRS has issued FAQs about automatic revocation for failure to file a return or notice and FAQs about the one-time filing relief programfor organizations at risk of losing their tax-exempt status.  New questions and answers have been added to address questions involving terminated organizations, filing requirements of organizations included in group rulings, and organizations that believe they are exempt from filing as churches or church-related organizations.

Back to Top

---

  3.  Revised Publication on Tax Exempt Organizations and Gaming Now Available

---

The IRS has released Publication 3079 (rev. June 2010), Tax-Exempt Organizations and Gaming. The publication explains the potential effect that gaming may have on an organization's federal tax-exempt status and the special reporting responsibilities of organizations that engage in gaming activities.

Back to Top

---

  4.  IRS Announces New Return Preparer Application System and User Fees

---

The IRS announcedthat a new online application system for compensated tax return preparers is expected to go live in mid-September. The IRS has proposed to require all individuals who receive compensation for preparing all or substantially all of a federal tax return or claim for refund after Dec. 31, 2010, to have a Preparer Tax Identification Number (PTIN).

Back to Top