My non-profit organization just lost its tax-exempt status? We have been a non-profit for the past five years. What do we do now?
Tax Professional Answers
2) If the revocation is something such as: They neglected to file the tax returns for the non profit - The exempt status can be reinstated - This may entail filling all tax returns from inception to date. Refilling the 501 3 (c) application, paying its fee; and including an explanation that what ever the failure was will not happen again and what steps have been taken to ensure your compliance. In my experience most tax payers will receive some type of notice that will go unanswered.
3) I would contact a professional, have the letter to review and then offer suggestions on what your next steps can be if the organization can be reinstated.
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