Thousands of nonprofits may lose tax-exempt status

Posted by admin
May 15, 2010

DES MOINES, Iowa – More than 200,000 small nonprofits across the nation are days away from losing their tax-exempt status because they haven’t filed a new form with the Internal Revenue Service.

Many of these groups already operate on razor-thin budgets and some worry an unexpected tax bill could force organizations to close.


(Excerpt) Read more at news.yahoo.com

Non-Profit

If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments

No comments yet.

Leave a comment

(required)

(required)