The Internal Revenue Service announced how it will help thousands of small charities keep their tax-exempt status even if they missed their May 17 deadline for filing a new online form or are about to miss subsequent deadlines.
Small groups at risk of losing their exemptions because they failed to file required informational tax returns for 2007, 2008, and 2009 on May 17 or later can preserve their status by filing returns by October 15, 2010, under “a one-time relief program,” the IRS said.
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%0D%0A%20%20Small%20groups%20at%20risk%20of%20losing%20their%20exemptions%20because%20they%20failed%20to%20file%20required%20informational%20tax%20returns%20for%202007,%202008,%20and%202009%20on%20May%2017%20or%20later%20can%20preserve%20their%20status%20by%20filing%20returns%20by%20October%2015,%202010,%20under%20“a%20one-time%20relief%20program,”%20the%20IRS%20said<%2Fa>.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Firs-offers-small-charities-one-time-relief-with-extended-tax-deadline%2F" target="_blank" class="email" data-post-id="17639" type="icon_link"> Email Email
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