Unshelved by Bill Barnes and Gene Ambaum
comic strip overdue media

Translate This Blog

What Are These?

Saturday, May 15, 2010

Know a small non-profit out there that does a lot of good?

Make sure it knows about this:

Nonprofits may lose tax-exempt status: Many at risk of missing deadline for filing new form with IRS

Groups reporting $25,000 or less in income with a fiscal year ending on December 31st are required to file a form, the 990-N, by Monday, or they could lose their tax-exempt status. Many have not heard of the new rule. It would make donations taxable until they could restore their status, and possibly wipe them out before that could happen. Churches are exempt, however.

0 comments:

Things You Should Know

The comments of the Rabid Librarian are © by Elisabeth Eilir Rowan and are the author's own opinions, sometimes curmudgeonly, although rarely malicious. They should not be taken as representative of any other individuals, group, or organisation. Whilst I try to keep my facts straight, this is a journal and not meant to be definitive. Feel free to quote if you like, but please give me credit for anything I wrote and a link back here would be appreciated. Video content is the property of the various copyright holders and I do not in any way mean to imply that I am taking credit for them--rather I enjoy them and want to share what I am watching and comment upon them. I have tried to provide links to creators and artists when I can. Thanks.


Locations of visitors to this page

Pageviews last month