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Estate Planning
: North Carolina Estate Planning BlogSmall Non-Profits Beware - File Your Forms 990-N!
By Gregory Herman-Giddens
This report on msnbc.msn.com discusses GuideStar's statement that 500,000 non-profit organizations could lose their tax-exempt status in May 2010. Non-profits with annual receipts of no more than $25,000 need file only a short informational return with the IRS - Form 990. Failure to do so for three consecutive years will cause revocation of non-profit status.
Full post as published by North Carolina Estate Planning Blog on February 16, 2009 (boomark / email).
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