Alumni News

Important Tax-Exempt Info for ALL Chapters

Author: Alpha Zeta/Tuesday, May 11, 2010/Categories: National Office News

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This year, for the first time, Alpha Zeta Chapters must file the 990 series return with the IRS. Each chapter should have received a postcard that they are required to send back to the IRS.

If your chapter did not receive a postcard or you have any questions, please visit the IRS Exempt Organizations website at www.IRS.gov/EO. You can find information about which 990-series form to file and a set of FAQs.

For individual chapters who are tax-exempt, if you do not file your required annual information form for three consecutive years, you will automatically lose your tax-exempt status. An organization that automatically loses its section 501(c)(3) status can no longer receive tax-deductable charitable contributions.

If you cannot find the information you need, call the toll-free number at (877) 829-5500 and ask to speak with Lois G. Lerner, Director of Exempt Organizations.

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