November 1, 2007
IRS Officials Seeks to Excuse Small Groups From Rule
By Peter PanepentoAn Internal Revenue Service official is urging the tax agency to increase the threshold that determines which nonprofit groups must file the Form 990 informational tax return.
Nina E. Olson — who serves as the national taxpayer advocate at the IRS — has told the tax agency that only charities with revenue of $50,000 or more should be required to file the form. Currently groups with at least
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