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IRS offers one-time relief program for small charities
Oct. 15 is last date to preserve tax-exempt status
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Several small nonprofit organizations in central Kansas, including the Barton County 4-H Holding Board in Great Bend and Central Kansas Thread Benders Quilt Guild in Radium, are at risk of losing their tax-exempt status because they missed a tax filing deadline. These organizations can still preserve their status by filing returns by Oct. 15, 2010, under a one-time relief program, the Internal Revenue Service announced last week.Thousands of small charities in danger of losing their tax exempt status because they failed to file required returns for 2007, 2008 and 2009 have been given a reprieve. The IRS posted on a special page of IRS.gov the names and last-known addresses of these at-risk organizations, along with guidance about how to come back into compliance.“We are doing everything we can to help organizations comply with the law and keep their valuable tax exemption,” IRS Commissioner Doug Shulman said.