Publication
Legal Alert: Relief for Organizations That Have Failed to File Form 990 for Three Consecutive Years
The Pension Protection Act of 2006 requires that organizations with gross receipts not greater than $25,000 file a Form 990-N, also known as the "e-Postcard". Failing to file for three years would result in automatic loss of tax-exempt status.
It has now been three years since the Act provisions have become effective, and a number of organizations are at risk of losing their tax-exempt status. To assist certain of these small organizations, the IRS is providing one-time relief ("IRS Relief Program") for two types of organizations.
About Snell & Wilmer
Founded in 1938, Snell & Wilmer is a full-service business law firm with more than 500 attorneys practicing in 16 locations throughout the United States and in Mexico, including Los Angeles, Orange County and San Diego, California; Phoenix and Tucson, Arizona; Denver, Colorado; Washington, D.C.; Boise, Idaho; Las Vegas and Reno, Nevada; Albuquerque, New Mexico; Portland, Oregon; Dallas, Texas; Salt Lake City, Utah; Seattle, Washington; and Los Cabos, Mexico. The firm represents clients ranging from large, publicly traded corporations to small businesses, individuals and entrepreneurs. For more information, visit swlaw.com.
