October 4, 2001
IRS Offers Guidance to Disaster-Relief Charities
Disaster-relief charities, including those formed to help victims of the September 11 attacks, need to be careful about whom they aid and under what circumstances in order to qualify for tax-exempt status, the Internal Revenue Service warned in new guidelines.
The IRS had been planning the guidelines for some time, but released them ahead of schedule because of the terrorist attacks.
In other disaster-related actions:
- The IRS said it would speed processing of
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