It is vitally important for a nonprofit organization to comply with legal requirements related to maintaining its tax-exempt status. An NPO that maintains paperwork and records and complies with state and federal rules and regulations will be well prepared in the event of an IRS audit.
When a Tax-Exempt Organization Is Subjected to an IRS Audit
Nonetheless, IRS audits and tax controversies are a fact of life from time to time. Nonprofit entities need to prepare tax filings and maintain records as if an audit will happen at any time — even if this is a rare occurrence. Some nonprofit organizations never face an IRS audit.
If, however, your NPO has received notice of a pending IRS audit, Exempt Tax Law can assist you,
Exempt Tax Law has provided advice, counsel, and representation to many tax-exempt organizations in connection with IRS audits and tax controversies, in such areas as challenges to the tax-exempt status to the organization, unrelated business income tax, and allegations that the organization provided an "excess benefit" to an "insider."
Talk to exempt tax law, pllc Today
Exempt Tax Law, PLLC invites your inquiry in regard to a potential IRS audit.