IRS to revoke tax-exempt status for thousands of charities

AREA CHARITIES AT RISK OF LOSING TAX-EXEMPT STATUS United Way & UB Law Partnering to Help

BUFFALO, Sept. 24 – Over 600 Buffalo-area charities are at risk of losing their tax-exempt status failing to file an annual information return with the Internal Revenue Service. A new law requires all tax-exempt organizations, even the smallest ones, to file the annual return.

The United Way of Buffalo & Erie County, in partnership with students from University at Buffalo Law School Clinical Legal Education, is offering free assistance to the smallest nonprofits on Friday, Oct. 8, 1:00 p.m. to 4:00 p.m. at the United Way, 742 Delaware Ave. For more information or to sign up for assistance, contact Heidi Jones, 570-638-2486.

Concerned community members can check the status of nonprofit organizations by visiting www.irs.gov/thelist. Community members can also help by telling local organizations about the list. The deadline for submitting the form is Oct. 15.

Any organization that does not file for three consecutive years automatically loses its federal tax exemption. Churches and some church-related organizations are among the few exceptions. The IRS has extended the deadline to Oct. 15 to help these valuable community organizations maintain their tax-exempt status.

The smallest organizations, with less than $25,000 annual receipts, should file an ePostcard, also known as form 990-N. The ePostcard asks only eight questions and is filled out and sent at http://epostcard.form990.org/. Larger organizations eligible to file the 990-EZ must file their past due returns by Oct. 15 and pay a compliance fee.

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