New rules catch some by surprise

By Jeff McDonald
STAFF WRITER (Union Tribune)

March 2, 2008

The rules are changing for thousands of tiny nonprofits that do not have to file a tax return, and leaders of at least some charitable groups are not quite prepared to comply with the new requirements.

A little-noticed provision of the Pension Protection Act of 2006 calls for even the smallest charities – those with annual budgets of less than $25,000 – to begin filing reports with the Internal Revenue Service as soon as May 15.
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