Friday, October 21, 2005

IRS Guidance for Private Foundations

Does your family operate a private foundation? Are you the CPA or attorney for a private foundation? Are you curious about private foundations? The IRS now has a website on the life cycle of a private foundation, with lots of information regarding setting up, operating, and terminating one.

The link is http://www.irs.gov/charities/charitable
/article/0,,id=127912,00.html.
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