What can a nonprofit do when its 501(c)(3) status has been automatically revoked for failure to file a 990?
What automatic revocation means for your nonprofit, how it happens, what you can do & more! As a nonprofit founder or executive director, we know you receive a huge number of emails and snail mail on a daily basis. Combine that with the number of guidelines and regulations you have to follow and we know that your job can very quickly become extremely overwhelming. Regardless, one piece of mail or notice that you NEVER want to receive as a nonprofit is the IRS Notice CP120A – Notice of Revocation of Tax-Exempt Status...