Description
Understand the process for applying for reinstatement, and identify common issues faced by organizations before and after revocation.
Taxexempt organizations may be surprised to find that their taxexempt status has been automatically revoked by the IRS. Often, this may be the result of issues within the organization, or confusion about requirements for taxexempt organizations. This can make the process for applying for reinstatement of taxexempt status more complicated than expected. This presentation will help taxexempt organizations understand the process for applying for reinstatement, and identify and address common issues faced by organizations before and after revocation. The live webinar will also present examples of revocations and reinstatements. This workshop will help taxexempt organizations avoid common pitfalls and help set taxexempt organizations up for success when applying for reinstatement of taxexempt status.
Date: 2024-02-16 Start Time: 1:00 PM ET End Time: 2:05 PM ET
Learning Objectives
* You will be able to define what the reinstatement process is.
* You will be able to describe the various steps for application for reinstatement.
* You will be able to discuss what organizations should consider during the reinstatement process.
* You will be able to explain what a reasonable cause statement is.