Forgot to file Form 990-EZ?
No worries the IRS will send you a letter to the address on file to notify the organization to submit the required form. If an organization whose gross receipts are less than $1,000,000 for its tax year files its Form 990-EZ after the due date (including any extensions), and the organization doesn’t provide reasonable cause for filing late, the Internal Revenue Service will impose a penalty of $20 per day for each day the return is late. However, organizations that fail to file required Forms 990, 990-EZ, or 990-N for three consecutive years will automatically lose their tax-exempt status. A revocation of the organization’s tax-exempt status will occur on the filing due date of the third consecutively missed a year. All tax-exempt organizations must provide proof of their income every year.