IRS publishes brochure to explain tax-exempt status

Healthcare Financial Management, Jan, 2004

To prepare for increased enforcement efforts toward tax-exempt organizations, the IRS has issued two brochures to help organizations understand the laws and regulations of tax-exempt status and compliance guidelines. One brochure is designed to help organizations apply for tax exemption. The other brochure explains compliance guidelines for recordkeeping, tax return filing, and disclosure rules. The brochures also reference a host of other important IRS publications and forms, with contact information for organizations with specific questions on complex issues.

To obtain the brochures, go to www.irs.gov/pub/irs-pdf/p4220.pdf and www.irs.gov/pub/ irs-pdf/p4221.pdf.