Some Tax Exempt Organizations Given Extra Time By IRS

According to a posting on the IRS website, the IRS postponed the filing date until February 1, 2013 for some small tax exempt organizations, allowing the organizations to possibly take advantage of transitional relief after Hurricane Sandy as they seek to reverse the revocation of their tax exempt status. The press release states that this is in an effort to “bring all available resources to bear to support state and local partners impacted by Hurricane Sandy.”

Organizations that did not a required information return or electronic notice for taxable years 2007, 2008, and 2009 automatically lose their tax-exempt status. In order to be reinstated, they must apply.

In order to be deemed eligible for the extension, either the primary location of the organization or the required documents to meet the qualifications must be located within the designated disaster zone.

If an organization that meets the IRS eligibility requirements files before February 1, 2013, it will be treated as though it filed on December 31, 2012, the original due date. Organizations that are applying for transitional relief that are not located within  designated disaster area must file by December 31, 2012. If an organization is beyond the area but thinks it qualifies for the relief, the only way to be considered is to contact the IRS directly.

All applications and phone numbers are available on the IRS website at irs.gov.

 

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