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Tax Exempt Non-Profits See Relief From “Lapse Of Status” Issues

Tax Exempt Non-Profits See Relief from “Lapse of Status” Issues

The IRS is allowing for some relief of the lapse in exempt status for non-profits if they apply before 12/31/12. If you need help, don’t hesitate to contact me!

Learn more: click the “play” button below!

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PLEASE NOTE: As of late Aug 2018 there was a proposed law change that would disallow a double deduction for these charitable credits at the federal level for contributions made after Aug 2018. You are still eligible for the AZ state tax credits as the change would only impact your ability to take them as charity donations at the federal level.
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