IRS to crack down on non-filing nonprofits

From ANIMAL PEOPLE, January/February 2009:
Half a million U.S. charities, including hundreds of small
animal rescues, may lose their federal nonprofit status in May 2010,
after failing for three consecutive years to file either Internal
Revenue Service Form 990, 990-EZ, 990-PF, or 990-N.
Form 990 is the standard reporting form for charities that
solicit funds from the public. Form 990-EZ is used by charities
raising between $25,000 and $50,000 per year. Form 990-PF is used by
private foundations.
The IRS formerly exempted charities with annual income of
less than $25,000 from any filing requirement, but the Pension
Protection Act of 2006 created Form 990-N, which all charities must
file if they do not file any of the other versions of Form 990. The
requirement applies to all tax years ending on or after December 31,
2007. Revocation of nonprofit status is automatic if the filing
requirement is not met. Charities that lose nonprofit status for not
filing will have to petition the IRS for reinstatement.

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