Article Archives >> Ready Reference >> November 1999
Preview of Article:
IRS Muses on Internet Issues for Nonprofits
Continuing education text says most current rules will be extended but offers little specific guidance on emerging issues
Excerpt:
Charities should not be scared away from using the Internet to raise
money merely because of uncertainty about the IRS's ultimate position
on income from the web. Its positions clearly will be based on an extension
of present law, and attorneys should be able to make reasonable estimates
of the risks. Unless you are extraordinarily successful, even if some
of your income is deemed unrelated, it should not jeopardize the status
of the organization.
Article Archives >> Ready Reference >> November 1999
