MEDIA
11/18/2011 01:56 pm ET

IRS Delays Tax-Exempt Status For Non-Profit Journalism Organizations

The future of nonprofit news organizations has hit an unexpected roadblock in the agency that determines their tax-exempt status: The Internal Revenue Service.

Nonprofit news organizations applying for tax-exempt status are running into long delays as the IRS bundles them together as "precedential" and studies whether they qualify for the status under 501(c)(3).

Read more on cjr.org

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