Conversely, if you're due a refund, you might not face a penalty, but filing is still essential if required by law.

Amending your bankruptcy is the solution. To file an amended exemption, you need to reopen your case. Although chances are you'll be inviting new scrutiny and affording your bankruptcy trustee the ...

While tax season is over for many taxpayers (except those of us still on extension), tax-exempt organizations still have to file. The filing deadline for many tax-exempt organizations is May 15 ...

Once approved as a tax-exempt organization, an annual exemption form must be filed. However, some do not need to file annually, such as churches, private religious schools, certain trusts or ...

Failure to submit these forms on time can jeopardize their standing with the IRS, potentially resulting in penalties and loss of tax-exempt privileges. TaxZerone, an IRS authorized e-file service ...

Filing for an exemption is “something you can do in the course of a couple of minutes,” Huhn adds. Many people apply for their exemptions when they purchase their home. Even if you've already ...

The IRS revokes the tax-exempt status for nonprofits that fail to file federal tax returns for three consecutive years, according to its website. The loss of federal tax-exempt status was first ...