- BKD, LLP
On July 26, 2010, the IRS announced a one-time special filing relief program for small tax-exempt organizations that may be at risk of losing their tax-exempt status because they failed to file required returns.
Background - Prior to the enactment of the Pension Protection Act of 2006 (PPA), tax-exempt organizations with gross receipts of $25,000 or less were not required to submit information returns. The PPA requires small tax-exempt organizations not previously required to file Form 990 or 990-EZ to submit a new annual notice. Form 990-N was created to enable organizations to meet this requirement.
The new filing requirement does not apply to organizations specifically excluded from filing Form 990, including churches, church-related
organizations, governmental entities and affiliates of governmental units.
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