Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART V, IRS FILINGS AND TAX COMPLIANCE | WE RESPECTFULLY REQUEST THAT THE FAILURE-TO-FILE PENALTY BE ABATED BASED ON THE IRS'S FIRST TIME ABATE ADMINISTRATIVE WAIVER PROCEDURES, AS DISCUSSED IN IRM 20.1.1.3.6.1, FIRST TIME ABATE (FTA). THIS LETTER IS BEING FILED WITH THE ORGANIZATION'S TAX RETURN. ON PAGE 1 OF THE 2022 FORM 990 PLEASE NOTE THE BOX CHECKED, AUTHORIZING US AS THE THIRD PARTY DESIGNEE, IN ORDER TO SPEAK ON THE TAXPAYER'S BEHALF. TAXPAYER MEETS FIRST-TIME PENALTY ABATEMENT CRITERIA ACCORDING TO IRM 20.1.1.3.6, THE IRS'S REASONABLE CAUSE ASSISTANT PROVIDES AN OPTION FOR PENALTY RELIEF FOR FAILURE-TO-FILE, FAILURE-TO-PAY, AND FAILURE-TO-DEPOSIT PENALTIES IF THE TAXPAYER MEETS CERTAIN CRITERIA. THE TAXPAYER MEETS ALL OF THE FIRST-TIME PENALTY ABATEMENT CRITERIA AS STATED BELOW: 1.FILING COMPLIANCE: MUST HAVE FILED (OR FILED A VALID EXTENSION FOR) ALL REQUIRED RETURNS AND CAN'T HAVE AN OUTSTANDING REQUEST FOR A RETURN FROM THE IRS. 2.PAYMENT COMPLIANCE: MUST HAVE PAID, OR ARRANGED TO PAY ALL TAX DUE (CAN BE IN AN INSTALLMENT AGREEMENT AS LONG AS THE PAYMENTS ARE CURRENT). 3.CLEAN PENALTY HISTORY: HAS NO PRIOR PENALTIES (EXCEPT AN ESTIMATED TAX PENALTY) FOR THE PRECEDING THREE YEARS. WE UNDERSTAND THAT THIS TYPE OF PENALTY ABATEMENT IS A ONETIME CONSIDERATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS PREPARED BY THE ORGANIZATION'S CPA FIRM. A DRAFT COPY IS GIVEN TO THE PRESIDENT/CEO AND ALL MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS BEFORE FILING AND PERFORM A REVIEW IF APPLICABLE. IF ANY CHANGES ARE SUGGESTED, THE CPA MAKES THE NECESSARY CHANGES AND PROVIDES THE ORGANIZATION WITH FORM 8879-EO FOR SIGNATURE WHICH AUTHORIZES THE CPA TO E-FILE THE RETURN WITH THE IRS. A FINAL COPY IS ALSO PROVIDED TO THE ORGANIZATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C | THERE ARE NO CHANGES IN THE PROCESS FOR THE CY |
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