Category: Money

Non-Profits Could Lose Tax-Exempt Status

STATE – Some non-profit organizations may lose their tax-exempt status for failing to fulfill IRS filing requirements for three consecutive years. The IRS is offering a one-time relief program allowing qualifying organizations to filing a return before Oct. 15.

When Elderly Parents Need Financial Guidance

A friend of mine recently realized his mother needed help managing her finances when he found her closets filled with oddball purchases like jalapeno jelly beans and Betty Boop bobblehead dolls. “It was pretty clear that telemarketers were taking advantage of her friendly nature to sell her junk she didn’t want or need,” he said.