Automatic exemption revocation for nonfiling: Automatically revoked organization liable for taxes assessed before automatic revocation

 

Does my organization have to pay the excise, income or other taxes the IRS assessed before it appeared on the Auto-Revocation List as automatically revoked?

Yes. Your organization is liable for all income, excise or other taxes and penalties that may have been owed at the time it was automatically revoked. Your organization will also be responsible for any future tax liabilities that accrue as a result of your organization’s loss of exemption.