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TAX WATCH
IRS Raises Fees It Charges for Nonprofit Applications
By Elizabeth SchwinnBeginning July 1, the IRS will raise the fees it charges charities to apply for tax-exempt status, the revenue service has announced.
Organizations seeking first-time rulings that they qualify as charities generally will pay $750, up from the previous rate of $500. A reduced fee of $300 — double the previous rate of $150 —...