Friday, January 23, 2009

The Ellsworth American - New Tax Rules for Nonprofits Outlined

The Ellsworth American - New Tax Rules for Nonprofits Outlined: "New Tax Rules for Nonprofits Outlined Print E-mail
Written by James Straub
Thursday, January 22, 2009

ELLSWORTH — New rules from the Internal Revenue Service demand greater participation among board members serving nonprofit, tax-exempt organizations.

The rules, which go into effect with 2008 tax filings, are intended to provide the IRS and the public with more detailed information about how nonprofits conduct business."

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