Non-Profit

0

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 […]