New Procedures for Reinstatement of Tax Exempt Status are Introduced

Last week the IRS released Revenue Procedures 2014-11, providing four options for reinstatement of tax exempt status. These procedures are effective for applications filed after January 2, 2014. Please see New procedures for reinstatement of tax-exempt status are introduced by the Journal of Accountancy for a summary of the procedures, including how these apply to pending and previously filed applications.

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