Scribd Logo
Upload

Welcome to Scribd!

  • #280 BBB 08-26-10 139

    Uploaded by

    bmoak
    1 views1 page
    Thousands of Mississippi charities are at risk of losing their tax-exempt status if they do not file tax returns by October 15th. Over 2,800 charities in Mississippi have not filed tax returns for the past three years according to an IRS list. Failure to file tax returns by the deadline will result in an automatic revocation of tax-exempt status.

    Original Description:

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Thousands of Mississippi charities are at risk of losing their tax-exempt status if they do not file tax returns by October 15th. Over 2,800 charities in Mississippi have not filed tax returns for the past three years according to an IRS list. Failure to file tax returns by the deadline will result in an automatic revocation of tax-exempt status.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    1 views1 page

    #280 BBB 08-26-10 139

    Uploaded by

    bmoak
    Thousands of Mississippi charities are at risk of losing their tax-exempt status if they do not file tax returns by October 15th. Over 2,800 charities in Mississippi have not filed tax returns for the past three years according to an IRS list. Failure to file tax returns by the deadline will result in an automatic revocation of tax-exempt status.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    MAGNOLIA

    CLIPPING SERVICE
    (601) 856·0911 I (205) 758-8610
    QUITMAN CO DEMOCRAT

    MARKS, MS

    Circulation =1427
    WEEKLY
    08/05/2010
    /11111111111111111111111111111111/111

    Thousands of Miss. charities may

    lose s!~tus

    IRS: Miss. Cha~ties


    at Risk filed returns for the past three gives charities an extended
    ofLosing Tax-P,xempt Status years. Most are small, time to file returns to avoid.
    if they Don't Fl..~ Returns by com m u nit y - bas e d loss of tax-exempt status. i
    Oct. 15 organizations, including After Oct. 15, the IRS will
    Ridgeland, Miss., - More many service clubs, automatically revoke tax­
    than 2,800 Mississippi foundations, and faith-based exempt status for the
    charities are at risk of losing ministries. organization, and wiUpublish
    their tax-exempt status if they "This is potentially the a list ofthose organizations in
    don't file tax returns by Oct, biggestthreattotheexistence early 2011. Donors who give
    15 under a new program of small charities that has to those organizations will be
    announced recently by the ever occurred," said Bill protected until the list is
    Internal Revenue Service. Moak,PresidentoftheBetter published, meaning that they
    According to the IRS, 2,824 Business Bureau (BBB) may still deduct contributions
    charities named in a special Serving Mississippi.'11le made before publication of
    list must file returns by Oct. BBB maintains standards for the list.
    !~~or they will automatically charitable accountability, A list of at-riskorganizations
    f~~~f~~~1~~i6~~~~ qi:~n~~!~:~~~da:.~~;:;~ .~\V~fs.;~0~~b7i~r~~~!~:~' I

    which could cripple future important that charities file ms.pdf. The IRS has
    fundraising efforts and entail their returns to avoid loss of information about this issue
    possible tax liability. their tax exemption," on its website at http://
    The list includes TheIRS has issued a "One- www.irs.gov/charities/
    organizations which have not Time Filing Relief' which articlelO"id:22570S,OO.html.

    You might also like