Car clubs at risk of losing tax-exempt status
Posted in News on May 7th, 2010
Car clubs and other non-profit organizations across the country are finding themselves scrambling to file their 990 (tax exempt) return with the IRS in order to prevent the loss of their tax exempt status. Small organizations were obligated to file by legislation in 2006, effective the 2007 tax year. Not filing for 3 years will [...]