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IRS Finalizes Regs Covering Sponsorship-RRP

IRS Finalizes Regs Covering Sponsorship-RRP

Payments will be considered charitable contributions where there is no arrangement that the sponsor will receive ‘any substantial return benefit in exchange for the payment’

The Internal Revenue Service has published final Regulations to determine whether sponsorship payments for charity fundraisers are considered charitable contributions or unrelated, and possibly taxable, income. This is a 3 page pdf.

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Price: $3.95

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