IRS Automatic Exemption Revocation and Filing Relief Program FAQs

September 16, 2010

On August 26, 2010, the Internal Revenue Service updated the Frequently Asked Questions and Answers concerning the automatic revocation of tax-exempt status for organizations that fail to file annual information returns (Forms 990, 990-EZ and 990-PF or the Form 990-N e-postcard) for three consecutive years (the "FAQs"). The automatic revocation penalty was introduced in the Pension Protection Act of 2006 (the "PPA"), which became effective at the beginning of 2007. The PPA also eliminated the filing exemption for small tax-exempt organizations which are now required to file either the Form 990-N e-postcard or Form 990-EZ.

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