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Heard on the Web: Make Sure Your Board Complies With the New Form 990
Summary
According to a Live Discussion hosted by the Chronicle on Philanthropy, "Now that charities are required to fill out a new version of the Form 990 -- the informational tax return that organizations file each year with the Internal Revenue Service -- some organizations are beginning to get a better understanding of its new requirements. Yet too many charity trustees have not grasped that the new 990 makes substantial new demands on them, experts say."
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