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Exempt Organizations

Exempt Status Revocations Rising

July 6, 2011 | Posted by Benjamin White | Topic(s): Exempt Organizations

IRS statistics indicate a gradually rising percentage of exempt organization returns being audited, but the rise is not as great as the rise in revocations. A rough estimate of revocations based on reports in Tax Notes Today indicates that 2005 was the turning point for expanded revocations.

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