IRS Offers One-Time Special Filing Relief for Small Charities

By: Press Release
By: Press Release

BIRMINGHAM - The Alabama Association of Nonprofits announced today that the IRS (Internal Revenue Service) has extended the deadline for small nonprofit organizations at risk of losing their tax-exempt status to file required forms for 2007, 2008 and 2009.

The new deadline is October 15, 2010.

More than 4,500 Alabama nonprofit organizations are being offered this one-time relief and were to have returned their tax-exempt filing paperwork between May 17 and October 15, 2010, but the IRS has no record that these organizations filed the required returns for any of the past three years.

The IRS today posted on a special page of www.irs.gov the names and last known addresses of these at-risk organizations. A complete listing of all affected charities may be found online at http://www.irs.gov/charities/article/0,,id=225889,00.html along with guidance on how to complete the compliance process.

"The Alabama Association of Nonprofits is continuing to track this important issue on behalf of the thousands of charities and tax-exempt organizations in our state," said Alabama Association of Nonprofits President and CEO John Stone.

"Nonprofits play a vital role in Alabama's economic and cultural success. It is critical that these organizations protect their tax-exempt status in order to continue providing the supportive services which millions of Alabamians rely on each day."

Two types of relief are available for small exempt organizations - a filing extension for the smallest organizations required to file Form 990-N, Electronic Notice (e-Postcard), and a voluntary compliance program (VCP) for small organizations eligible to file. Forms are located on the IRS site as well.

Small organizations required to file Form 990-N need to go to the IRS website, supply the eight information items called for on the form, and electronically file it by Oct. 15.

"The process is very simple and only takes a few moments," Stone said, adding that it could save the organizations immense time and money down the road if they do not complete the process now.

The relief announced today is not available to larger organizations required to file the Form 990 or to private foundations that file the Form 990-PF.

The IRS will keep today's listing of at-risk organizations on file at www.irs.gov until the October 15 deadline has passed. Organizations losing their exemption will have to reapply to the IRS to regain the charity's tax-exempt status


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