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Gonsiorek: Is your nonprofit's tax-exempt status secure?

In years past, nonprofit organizations have been largely ignored by the Internal Revenue Service. With the advent of the Pension and Protection Act of 2006 (PPA ‘06), the IRS has taken a more involved role with respect to oversight of nonprofit organizations. New filing requirements have been established and old rules are now more strictly enforced. This has culminated in the revocation of the tax-exempt status of more than 13,000 organizations in Illinois alone.

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