• IRS Revokes Tax-Exempt Status of Hundreds of Thousands of Organizations and Provides Guidance on Reinstatement Process
  • June 17, 2011 | Authors: Raymond J. Casella; Coleman H. Casey; Alan E. Lieberman
  • Law Firm: Shipman & Goodwin LLP - Hartford Office
  • On June 8th, the Internal Revenue Service published a listing of approximately 275,000 organizations that automatically lost their tax-exempt status for failing to file required annual reports (Forms 990, 990-EZ, 990-PF or 990-N) for three consecutive years. That list can be found at http://www.irs.gov/charities/article/0,,id=240099,00.html. The IRS expects to update the list monthly as additional organizations lose their tax-exempt status.