The IRS has updated its frequently asked questions (FAQs) regarding the automatic revocation of tax exempt status for failure to file for three consecutive years. The IRS revised the fifth question in the FAQs to add a list of IRS guidance to help small organizations come back into compliance and it removed language from the original versions of the sixth and seventh questions.

The revised FAQs are on the IRS website.

This issue is a big one for all of our communities throughout the United States.  Members need to reach out to organizations on the “at risk” list in their communities to make them aware and provide help.