IRS Makes Update to Private School Nondiscrimination Policy Disclosure Requirement
The IRS has released Revenue Procedure 2019-22 which adds a third method for private schools to disclose its racially nondiscriminatory policy. For a private school to be recognized as exempt under section 501(a) as described in section 501(c)(3) of the Internal Revenue Code, it must adopt a racially nondiscriminatory policy regarding students, and operate in…
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