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Wednesday, July 2, 2014

IRS Announces Shorter, Faster Application For Some Tax Exempt Organizations

The Internal Revenue Service (IRS) tax exempt scandal has resulted in a number of casualties but perhaps none more than small tax exempt organizations who have found themselves trapped in the black hole that is the application process. It used to be that clean applications would wait approximately 30 days for approval. Occasionally, waits could get bumped to 90 days – but that was fairly unusual.

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