When an Exempt Organization Must Report Changes to the IRS

When an Exempt Organization Must Report Changes to the IRS

An exempt organization must report name, address and structural and operational changes to the IRS. If an organization files an annual return (such as a form 990 or 990-EZ), it must report the changes on its return.  If the organization needs to report a change of name, see Change of Name- Exempt Organizations.  If it needs to report a change of address, see Change of Address – Exempt Organizations. The EO Determinations Office can issue an affirmation letter showing an organization’s new name and/or address and affirming the section of the Internal Revenue Code under which IRS records show the organization as tax-exempt and whether contributions to the organization are deductible.

An organization may request a determination letter regarding the effect of certain changes on its public charity status or private foundation status.   For example, a determination letter will be issued to reclassify an organization as a public charity or a private foundation.  An organization may also request a determination letter showing whether it is exempt from filing annual information returns in certain situations.

If an organization is unsure about whether a proposed change in its purposes or activities is consistent with its status as an exempt organization or as a public charity, it may want to request a private letter ruling. However, the IRS will not make any determination regarding any completed transaction.

 

2018-05-13T12:21:23+00:00June 18th, 2014|Legal Issues, Miscellaneous|0 Comments

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