Voluntary Compliance Agreement Program
Apr 15, 2014OUTCOME: Successful in getting client tax-exemption retroactively to date lost and keeping tax-exemption on Bonds.
This case involved submitting a VCAP application to the Tax-Exempt Bond Division of the IRS in order to maintain tax exemption on bonds for the client. In this instance the client lost its 501(c)(3) s ... tatus for failure to file tax returns for three consecutive years.
