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Notifying the IRS and State Agencies When Restructuring your Organization

Most nonprofits that have received an exemption from income tax understand that the basis on which the IRS determination was made were the facts and circumstances included in the original application submitted to the IRS for review and approval. Logically, it would seem that most organizations would understand that if the basis upon which the exemption was granted changed the exemption could no longer be relied upon. And they would be correct. (read more)

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