Write-Offs

  • The Internal Revenue Service has announced that it will not increase the fees that it charges nonprofit organizations to apply for tax-exempt status or to receive written advice this year (Revenue Procedure 2007-8, Internal Revenue Bulletin 2007-1). Nonprofit groups that seek rulings for the first time to say they qualify as charities generally will continue to pay $750. Organizations that seek written "private-letter" rulings from the government on how to handle complex legal

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