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IRS to nonprofits: File forms, but don't sweat details

The Internal Revenue Service is reminding the charity world that even small nonprofit organizations now have to file a Form 990 990-N or 990-EZ, under a new law. If you normally have less than $25,000 in receipts you can file 990-N, which the agency calls the e-Postcard. says the IRS:

So by all means get those 990s filed. Of course, feel free to put totally bogus information on the returns. There are hardly any penalties for nonprofits that file false information.

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