Friday, March 15, 2013

Not on IRS List


All U.S. treasurers of DKG chapters, state organizations, coordinating councils or any fund with a separate EIN must file a Form 990 or 990n with the IRS annually.  The IRS will automatically revoke the tax exemption status if any organization fails to satisfy its filing requirements for three consecutive years.  The automatic exemption is effective as of the due date of the third required annual filing.  This means you will lose your non-profit status under the DKG group ruling and your income will become taxable.

Congratulations to the state organizations with no state organization, chapter, coordinating council or any other separate account listed on the IRS Revocation of Exemption Report as of February 6, 2012.

Congratulations

Alaska, Arizona, Connectictut, Hawaii, Idaho, Illinois, Kentucky, Maine, Maryland, Massachusetts, Michigan, Nebraska, Nevada, New Jersey, New Mexico, North Dakota, Pennsylvania, Rhode Island, South Carolina, South Dakota, Vermont, Virginia, West Virginia and Wyoming.

 

 

 

No comments:

Post a Comment