Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

Entries Tagged as 'California Exempt Status'

Update Regarding Revocations of Exempt Status: Federal and California

July 26th, 2010 · Comments Off on Update Regarding Revocations of Exempt Status: Federal and California · California Exempt Status, Federal Income Taxes, Loss of Tax-Exempt Staus

There is good news (Federal) and not-so-good news (California).  First the good news.  The Internal Revenue Service today announced a one-time offer to small nonprofit  organizations at risk of losing their tax-exempt status because they failed to file required returns for 2007, 2008, and 2009.  The organizations can preserve their exempt status by filing returns […]

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