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Non-profits could lose tax status

Wade8813

Registered Member
Wow, that's kinda crazy.

It seems to me that it's horribly planned. I can understand wanting them to fulfill the new requirements, but make it so they won't be blindsided... :shake:
 

anmracing

Registered Member
Yes, it is a terrible thing but if the orginization had a good CPA or accountant then this wouldn't be a blindsided issue. This was actually enacted in 2007 which gave all these non-profits more than ample time to get their ducks in a row. The real shame would be the groups that have accountants that don't keep up with the new laws regarding tax. If it get this far then they should go into a different line of work......
 
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