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IRS Form 990 is revealing

from By Robert C. Harris

Associations and most nonprofits file Form 990. It is submitted annually to the Internal Revenue Service (IRS) and averages 25 pages. A quick read reveals much about an organization. Responsibility for preparing and filing an accurate form rests with the filer — often a paid accountant and the chief staff person — and the board of directors. Executives want to be fully versed in the form to maintain exempt status and accuracy. more

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