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 Exempt
TaxConnections Members... Answer This Question Want To be One of Our Tax Experts? Register Here

Tax Professional Answers

User Photo
1) Find the correspondence letter from the IRS that would of been mailed out with a reason that the tax exempt status has been revoked.
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.
Leave a Comment 294 weeks ago

User Photo
Susan Harke
I find this is a common issue with non-profits without a Board Member with some tax background. I have also found that many people who form a non-profit do not realize how much governmental reporting work the status brings.
Reply 286 weeks ago

Meet Leading Tax Advisors

User Photo Peter J. Scalise

Federal Tax Credits & Incentives Practice Leader

New York, NY

User Photo John L Stancil

Tax Advisor/CEO

Lakeland, FL

User Photo John R Dundon, II EA

Tax Director

Denver, CO

User Photo Kevin Johnson MS, JD, LL.M, CPA


Philadelphia, PA

User Photo Brian Weaver, CPA, MBA

Managing Tax Consultant

Des Plaines, IL

User Photo William Rogers, CFP, MBA, EA

Rancho Santa Fe, CA


User Photo Jim Marshall, EA

President/ Tax And Financial Advisor

Scottsdale, AZ

User Photo Brett A Thompson, JD, CPA

Managing Tax Lawyer

Katy, TX

User Photo Charles Woodson, EA

Tax Advisor/Fiduciary Coach

San Diego, CA

User Photo John Richardson

Tax Lawyer

Toronto, Canada

User Photo Clifford Benjamin

Senior Tax Principal

Daytona Beach, FL

User Photo Kazim Qasim, EA, CTC

Managing Tax Advisor/CEO

Orlando, FL


View/Select our Current List of Tax Topics

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Previous PageNext Page



Learn from tax advisors, straight to your inbox

Update My Email Address
Contact Us Today