Our organization filed 990-EZ on time. But the IRS imposed a penalty on us, what would be the reason?
The IRS may impose a penalty for any of the following reasons:
Your organization has:
- Submitted an incomplete return.
- Provided incorrect information on the return.
To avoid such penalties, ensure the following:
- Complete all required fields on the form.
- Provide explanations where required and attach all necessary schedules.
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