Tax-exempt organizations take note: Some of your tax data may have been publicly exposed. On Sept. 2, the IRS admitted it erroneously released some Form 990-T information via its Tax Exempt Organization Search (TEOS) tool. Form 990-T is used by not-for-profits to report income unrelated to their exempt purpose. Fortunately, the disclosed information didn’t include Social Security numbers, detailed accountholder data or individual tax return data. However, it did include some individual names and business contact information. The IRS says it has removed the data from the TEOS tool and will be contacting all affected filers.
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