Changes made three years ago to the federal tax laws could cause many radio clubs to lose their tax-exempt status this year. Clubs that are tax-exempt under Section 501(c) of the Internal Revenue Code must file the required IRS annual returns or reports before the deadline, which is May 15 for those with calendar years.
“Many clubs have, at some time in the past, applied for tax-exempt status as...
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“Many clubs have, at some time in the past, applied for tax-exempt status as...
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