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Qualified 501(c)(3) Bonds Compliance Project

IRS' office of Tax Exempt Bonds and the Exempt Organizations Compliance Area have initiated a joint effort to evaluate policies and procedures used by section 501(c)(3) tax-exempt organizations to ensure post-issuance tax compliance of their tax-exempt debt obligations. The IRS will send compliance check questionnaires to more than 200 exempt organizations indicating an outstanding balance on their 2005 Form 990, Return of Organization Exempt from Income Tax.

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Page Last Reviewed or Updated: 24-Apr-2015