Nonprofit Briefs: Loss of the IRS tax exemption

Losing an IRS tax exemption leaves nonprofits and their volunteer leaders without critical benefits. Once that status lapses, the organization’s financial advantages—and the income tax perks for volunteers—immediately cease.

Nonprofit Briefs: Loss of the IRS tax exemption

Unhappy with ICBC penalty

A co-owner of a small family-run business in the Similkameen Valley voices concerns over ICBC’s billing practices after receiving unexpected penalties. She believes these practices significantly impact small businesses like hers.