Ala. Nonprofits at Risk of Losing Tax Status

BIRMINGHAM, Ala. (AP) - As many as 4,500 small nonprofit organizations in Alabama have failed to file tax returns the past three years, and officials say they may be in danger of losing their tax-exempt status.

In July, the Internal Revenue Service announced a relief program, allowing them extra time to file the required annual 990 N tax forms.

IRS spokesman Dan Boone says the deadline to file is Oct. 15.

The Pension Protection Act of 2006 mandated that all tax-exempt organizations other than churches must file an annual return with the IRS.

Boone says the form has about eight questions and takes about 10
minutes to file online..

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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