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Tax Matters

Associations that enjoy tax exempt status obvious have a great interest in preserving that status. Without an understanding of the applicable tax regulations or the specific basis for a tax exemption, however, an association may inadvertently take steps that compromise its standing for tax purposes. Perhaps more than any other area, an ounce of prevention in the preservation of tax exempt status can be critical to the financial stability of an association. Our attorneys can help your association move as you desire without jeopardizing your relationship with the Internal Revenue Service.