LawPay JAMSLutheran Social Services

CLE & Events

New IRS Rev. Proc. Related to Automatic Revocation

Date: Tuesday, February 18, 2014 12:00 PM to 1:00 PM
Venue:   Minneapolis, MN United States  Get Directions
Total Price: $0.00


Deadline to Register:  Thursday, February 13, 2014
Due to Presidents’ Day, the teleconferencing instructions will need to be sent via e-mail on Friday, February 14.

On January 2nd, IRS released Revenue Procedure 2014-11 which completely changed the playing field by which automatically revoked exempt organizations can not only be reinstated (requiring a new exemption application), but have that reinstatement apply retroactively back to the date of revocation.  This new Rev. Proc. provides factors by which an organization will be considered to have reasonable cause for their underlying failure to file Forms 990/990-EZ or the 990-N notice for three consecutive years and thus qualify for retroactive reinstatement.  Many organizations’ circumstances fall squarely within such factors, but the Revenue Procedure now covers circumstances that had NOT been considered by the IRS to comprise reasonable cause in the past (for example, a history of compliance with other annual filing requirements – such as the Form 990-T, or longstanding filing of Forms 990/990-EZ under an incorrect taxpayer ID number).

This will be the first topic of the Business Law Section’s Nonprofit Corporations Committee brown bag lunch series.  We will meet at the MSBA offices on Wednesday February 18 at Noon (bring your own lunch).  Eve Borenstein will walk us through the newly released IRS procedures related to revocation of tax exempt status.

At the end of the lunch, the group will brainstorm on topics for future lunch discussion groups.

This is a brown-bag lunch.  Water and soft drinks will be provided.

Discussion Facilitator:
Eve Borenstein, Borenstein and McVeigh Law Office LLC

CLE Credits:
1 Standard CLE credit approved | Event Code: 188063   

Remote Participation:
Teleconferencing is available.  Please indicate that you will attend by teleconference when registering.  Due to Presidents’ Day, the teleconferencing instructions will be sent via e-mail on Friday, February 14.

There is no cost to attend.

Please use this link to register online:

Questions?  Contact:
Sue Bores l l 612-278-6325

No sessions have been associated with this event.