Thousands of nonprofits may lose tax-...

Thousands of nonprofits may lose tax-exempt status

There are 2 comments on the InYork story from May 16, 2010, titled Thousands of nonprofits may lose tax-exempt status. In it, InYork reports that:

DES MOINES, Iowa - More than 200,000 small nonprofits across the nation are days away from losing their tax-exempt status because they haven't filed a new form with the Internal Revenue Service.

Join the discussion below, or Read more at InYork.

Gino

Lady Lake, FL

#1 May 16, 2010
Applies to groups that report $25,000 or less in income, excluding churches.

Why not church's many of whom are large business's
Just_Me

United States

#2 May 17, 2010
Of course, it's not the IRS' fault that nobody knows about it. They "sent" out many notices (without any form of verification).

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