IRS Announces One-Time Relief Program for Small Tax-Exempt Organizations

The IRS recently announced a program that will give small tax-exempt organizations, which have been delinquent in filing annual information returns, another chance to comply with the law and avoid losing their tax-exempt status. The one-time relief program provides small tax-exempt organizations until October 15, 2010 to comply with the annual filing requirements. While this program provides relief to small organizations, which are eligible to file either Form 990-N or Form 990-EZ, it is not available to larger public charities, which are required to file Form 990, or to private foundations, which must file Form 990-PF.

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