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	<title>CharityLawyer &#187; Form 990</title>
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	<link>http://charitylawyerblog.com</link>
	<description>Daily Dose of Nonprofit Law</description>
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		<title>Nonprofits that Fail to Timely File Form 990 May Face Steep Penalties</title>
		<link>http://charitylawyerblog.com/2012/01/03/nonprofits-that-fail-to-timely-file-form-990-may-face-steep-penalties/</link>
		<comments>http://charitylawyerblog.com/2012/01/03/nonprofits-that-fail-to-timely-file-form-990-may-face-steep-penalties/#comments</comments>
		<pubDate>Wed, 04 Jan 2012 00:14:32 +0000</pubDate>
		<dc:creator>Ellis Carter</dc:creator>
				<category><![CDATA[Form 990]]></category>
		<category><![CDATA[I.R.S.]]></category>
		<category><![CDATA[Late Filing Penalties]]></category>

		<guid isPermaLink="false">http://charitylawyerblog.com/?p=1950</guid>
		<description><![CDATA[Fortunately, for nonprofits with reasonable cause for filing late, there is a silver lining. Code Section 6652(c)(3) provides that penalties assessed for late filing may be waived when the late filing was due to “reasonable cause.” Accordingly, the IRS will consider waiving the penalties (but not the interest) where the organization can prove the late filing was due to reasonable cause. ]]></description>
		<wfw:commentRss>http://charitylawyerblog.com/2012/01/03/nonprofits-that-fail-to-timely-file-form-990-may-face-steep-penalties/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Small Change Could Spell Big Relief for Small Arizona Nonprofits</title>
		<link>http://charitylawyerblog.com/2011/11/08/small-change-could-spell-big-relief-for-small-arizona-nonprofits/</link>
		<comments>http://charitylawyerblog.com/2011/11/08/small-change-could-spell-big-relief-for-small-arizona-nonprofits/#comments</comments>
		<pubDate>Wed, 09 Nov 2011 00:07:29 +0000</pubDate>
		<dc:creator>Ellis Carter</dc:creator>
				<category><![CDATA[Form 990]]></category>

		<guid isPermaLink="false">http://charitylawyerblog.com/?p=1886</guid>
		<description><![CDATA[simple change in Arizona law would sync the state and federal information return processes, allowing a more simplified filing for small Arizona nonprofits with gross income between $25,000 and $50,000. The purpose of the recent change in federal requirements was to ease the burden of the annual filing for small nonprofits. To reconcile Arizona law with the Federal law, the Arizona legislature need only amend ARS §43-1242 C. 1 to read as follows:

“Need not file it if its gross income does not exceed fifty thousand dollars.”]]></description>
		<wfw:commentRss>http://charitylawyerblog.com/2011/11/08/small-change-could-spell-big-relief-for-small-arizona-nonprofits/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Sweet Relief! IRS Announces Retroactive Relief Program for Revoked Nonprofits</title>
		<link>http://charitylawyerblog.com/2011/06/09/sweet-relief-irs-announces-process-to-obtain-retroactive-reinstatement-of-exemption/</link>
		<comments>http://charitylawyerblog.com/2011/06/09/sweet-relief-irs-announces-process-to-obtain-retroactive-reinstatement-of-exemption/#comments</comments>
		<pubDate>Thu, 09 Jun 2011 02:30:25 +0000</pubDate>
		<dc:creator>Ellis Carter</dc:creator>
				<category><![CDATA[Application for Exemption]]></category>
		<category><![CDATA[Form 1023]]></category>
		<category><![CDATA[Form 1024]]></category>
		<category><![CDATA[Form 990]]></category>

		<guid isPermaLink="false">http://charitylawyerblog.com/?p=1670</guid>
		<description><![CDATA[Today, the IRS has made public the long awaited list of organizations that automatically lost their tax-exempt status due to their failure to file a Form 990, 990-EZ or 990-N for three consecutive years. The IRS announced that it has revoked the tax-exempt status of approximately 275,000 such organizations, including over 4,000 in Arizona.]]></description>
		<wfw:commentRss>http://charitylawyerblog.com/2011/06/09/sweet-relief-irs-announces-process-to-obtain-retroactive-reinstatement-of-exemption/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Lessons to be Learned From the Arizona Fiesta Bowl</title>
		<link>http://charitylawyerblog.com/2011/04/08/lessons-to-be-learned-from-the-arizona-fiesta-bowl/</link>
		<comments>http://charitylawyerblog.com/2011/04/08/lessons-to-be-learned-from-the-arizona-fiesta-bowl/#comments</comments>
		<pubDate>Fri, 08 Apr 2011 15:57:02 +0000</pubDate>
		<dc:creator>Ellis Carter</dc:creator>
				<category><![CDATA[Compensation Setting Procedures]]></category>
		<category><![CDATA[Conflicts of Interest]]></category>
		<category><![CDATA[Executive Committees]]></category>
		<category><![CDATA[Form 990]]></category>
		<category><![CDATA[Founder Control of a Nonprofit]]></category>
		<category><![CDATA[Governance]]></category>
		<category><![CDATA[Meeting Minutes and Consents]]></category>
		<category><![CDATA[Oversight]]></category>
		<category><![CDATA[Why boards fail]]></category>

		<guid isPermaLink="false">http://charitylawyerblog.com/?p=1527</guid>
		<description><![CDATA[Could one man really do that much damage to an Arizona institution as high profile and important as the Fiesta Bowl? More likely, the nonprofit scandal of the year was a group effort fueled by a dysfunctional board. The Fiesta Bowl board bears all the hallmarks of a board more interested in administering than governing the organization. Still, there are lessons to be learned from the Fiesta Bowl's governance and oversight failures.]]></description>
		<wfw:commentRss>http://charitylawyerblog.com/2011/04/08/lessons-to-be-learned-from-the-arizona-fiesta-bowl/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Non-profit Directors and Trustees – Should Board Service Pay?</title>
		<link>http://charitylawyerblog.com/2011/02/18/non-profit-directors-and-trustees-%e2%80%93-should-board-service-pay/</link>
		<comments>http://charitylawyerblog.com/2011/02/18/non-profit-directors-and-trustees-%e2%80%93-should-board-service-pay/#comments</comments>
		<pubDate>Thu, 17 Feb 2011 19:17:19 +0000</pubDate>
		<dc:creator>Ellis Carter</dc:creator>
				<category><![CDATA[Compensation Setting Procedures]]></category>
		<category><![CDATA[Conflicts of Interest]]></category>
		<category><![CDATA[Form 990]]></category>
		<category><![CDATA[Governance]]></category>

		<guid isPermaLink="false">http://charitylawyerblog.com/?p=1471</guid>
		<description><![CDATA[Trustee compensation is a sensitive topic in the philanthropic world. Many people believe that board members should serve out of a sense of giving back to their community. However, the philanthropic world is diverse and there are many positions that require extraordinary talent and an extraordinary time commitment to lead them. Nonprofit organizations are also increasingly complex and subject to complex rules and that make significant demands on that talent. Increasingly, board members face the potential for liability if they fail to fully adhere to these complex and fast changing rules.]]></description>
		<wfw:commentRss>http://charitylawyerblog.com/2011/02/18/non-profit-directors-and-trustees-%e2%80%93-should-board-service-pay/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Public Disclosure of IRS Filings</title>
		<link>http://charitylawyerblog.com/2010/12/16/public-disclosure-of-irs-filings/</link>
		<comments>http://charitylawyerblog.com/2010/12/16/public-disclosure-of-irs-filings/#comments</comments>
		<pubDate>Thu, 16 Dec 2010 15:54:32 +0000</pubDate>
		<dc:creator>Ellis Carter</dc:creator>
				<category><![CDATA[Form 990]]></category>
		<category><![CDATA[Public Disclosure]]></category>

		<guid isPermaLink="false">http://charitylawyerblog.com/?p=1380</guid>
		<description><![CDATA[Public disclosure requirements applicable to tax-exempt organizations.]]></description>
		<wfw:commentRss>http://charitylawyerblog.com/2010/12/16/public-disclosure-of-irs-filings/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tick-Tock &#8211; Time Is Running Out For Delinquent 990s</title>
		<link>http://charitylawyerblog.com/2010/09/30/tick-tock-time-is-running-out-for-990-non-filers/</link>
		<comments>http://charitylawyerblog.com/2010/09/30/tick-tock-time-is-running-out-for-990-non-filers/#comments</comments>
		<pubDate>Thu, 30 Sep 2010 17:02:12 +0000</pubDate>
		<dc:creator>Ellis Carter</dc:creator>
				<category><![CDATA[Form 990]]></category>
		<category><![CDATA[Time Sensitive Information]]></category>

		<guid isPermaLink="false">http://charitylawyerblog.com/?p=945</guid>
		<description><![CDATA[I have blogged about this before, but I thought a reminder was in order. The October 15 deadline for tax-exempt organizations to file a Form 990-N is is fast approaching. October 15 is a key deadline for thousands of small nonprofit organizations at risk of losing their tax-exempt status because they have not filed the [...]]]></description>
		<wfw:commentRss>http://charitylawyerblog.com/2010/09/30/tick-tock-time-is-running-out-for-990-non-filers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Small Tax Exempt Organizations: Extension of Time to File Delinquent Form 990s</title>
		<link>http://charitylawyerblog.com/2010/07/27/extension-of-time-to-file-delinquent-form-990s-for-small-tax-exempt-organizations/</link>
		<comments>http://charitylawyerblog.com/2010/07/27/extension-of-time-to-file-delinquent-form-990s-for-small-tax-exempt-organizations/#comments</comments>
		<pubDate>Mon, 26 Jul 2010 19:34:49 +0000</pubDate>
		<dc:creator>Ellis Carter</dc:creator>
				<category><![CDATA[Form 990]]></category>
		<category><![CDATA[Time Sensitive Information]]></category>

		<guid isPermaLink="false">http://charitylawyerblog.com/?p=821</guid>
		<description><![CDATA[ Two types of relief are available for small exempt organizations - a filing extension for the smallest organizations required to file Form 990-N, Electronic Notice (e-Postcard), and a Voluntary Compliance Program for small organizations eligible to file Form 990-EZ  , Short Form Return of Organization Exempt From Income Tax. Small organizations required to file Form 990-N simply need to go to the IRS website, supply the eight information items called for on the form, and electronically file it by Oct. 15, 2010. 

Under the Voluntary Compliance Program, larger tax-exempt organizations eligible to file Form 990-EZ (but not eligible to file Form 990-N) must file their delinquent annual information returns by October 15 and pay a compliance fee which is between $100 and $500 depending upon the organization's revenues.  Details about the VCP are on the IRS website , along with frequently asked questions.]]></description>
		<wfw:commentRss>http://charitylawyerblog.com/2010/07/27/extension-of-time-to-file-delinquent-form-990s-for-small-tax-exempt-organizations/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>A Reprieve for Small Nonprofits?</title>
		<link>http://charitylawyerblog.com/2010/05/24/a-reprieve-for-small-nonprofits/</link>
		<comments>http://charitylawyerblog.com/2010/05/24/a-reprieve-for-small-nonprofits/#comments</comments>
		<pubDate>Sun, 23 May 2010 22:41:35 +0000</pubDate>
		<dc:creator>Ellis Carter</dc:creator>
				<category><![CDATA[Form 990]]></category>
		<category><![CDATA[Time Sensitive Information]]></category>
		<category><![CDATA[Form 990-N]]></category>

		<guid isPermaLink="false">http://charitylawyerblog.com/?p=752</guid>
		<description><![CDATA[Monday was the deadline  for small nonprofits to file overdue Form 990s or face loss of tax-exempt status. Notwithstanding Monday's deadline , Internal Revenue Service (IRS) Commissioner Doug Shulman said the agency will do what it can for small charities to keep their exemptions in a statement released on Tuesday.  ]]></description>
		<wfw:commentRss>http://charitylawyerblog.com/2010/05/24/a-reprieve-for-small-nonprofits/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>May 17 First Major Deadline for New Automatic Revocation of Exemption Penalty</title>
		<link>http://charitylawyerblog.com/2010/04/24/may-15-first-major-deadline-for-new-automatic-revocation-of-exemption-penalty/</link>
		<comments>http://charitylawyerblog.com/2010/04/24/may-15-first-major-deadline-for-new-automatic-revocation-of-exemption-penalty/#comments</comments>
		<pubDate>Fri, 23 Apr 2010 21:22:15 +0000</pubDate>
		<dc:creator>Ellis Carter</dc:creator>
				<category><![CDATA[Form 990]]></category>
		<category><![CDATA[Time Sensitive Information]]></category>

		<guid isPermaLink="false">http://charitylawyerblog.com/?p=715</guid>
		<description><![CDATA[As part of the Pension Protection Act passed in 1996, Congress added a new penalty for tax-exempt organizations that fail to file their annual return for three years in a row. Formerly, the only penalty was a monetary penalty. The new law has upped the ante to impose the ultimate penalty: loss of exemption. The penalty applies to organizations that fail to file Form 990, Form 990-EZ, as well as the relatively new Form 990-N. Form 990-N is a relatively new form that must be filed by tax-exempt organizations whose revenues normally fall below $25,000.  Organizations that have their status revoked may apply for reinstatement based on reasonable cause for the failure to file.  The first three year period is 2007 through 2009, which means that once the 2010 filing deadline passes for these forms (May 15, 2010 for tax-exempt organizations with calendar fiscal years), organizations that failed to file their Form 990s forms for those three years will automatically lose their tax-exempt status. ]]></description>
		<wfw:commentRss>http://charitylawyerblog.com/2010/04/24/may-15-first-major-deadline-for-new-automatic-revocation-of-exemption-penalty/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
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