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Navigating IRS Scrutiny: Ensuring Compliance for Tax-Exempt Entities

Computer Screen Open that Mentions Tax Exempt Application Surrounded by FilesHealthcare executives are advised to consider the significance of a ruling issued in 2024 by the Internal Revenue Service (IRS) which revoked the tax-exempt status of a non-profit organization. In Private Letter Ruling* 202437007, the IRS determined that a non-profit organization had failed the “operational test” and revoked its tax-exempt status. Read More ›

Categories: Entity Selection, Organization & Planning, Nonprofit, Tax, Tax-Exempt Organizations