Take the initiative with the IRS

Description

Abstract: It may be human nature to shy away from voluntary contact with the IRS, but that may not always be the wisest approach for a nonprofit. Getting caught trying to sweep mistakes under the rug can bring its reputation into serious question. However, the IRS has announced its willingness to work with struggling organizations to help them maintain their nonprofit status. This article shows that, by taking the proactive path and approaching the IRS before receiving a notice, a not-for-profit will find that the agency is likely to be more amenable to finding a solution.