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Volunteer Fire Departments & the IRS: Did you lose your tax exempt status?

By admin on August 4, 2010

Is your department in danger of losing its tax-exempt status?If so, donations to your department will no longer qualify as deductible donations for your donor and, more importantly, your department may owe huge tax liabilities to the IRS.Recent changes to the IRS reporting requirementsBeginning in 2008, small tax-exempt organizations have a new filing requirement. It’s short, easy and electronic

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Volunteer Fire Departments & the IRS: Did you lose your tax exempt status?

Posted in Funding & Finance | Tagged firefinanceguy.com

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