Thursday, January 13, 2011

TGA Is Awarded Tax Exempt Status

The Internal Revenue Service has recently approved the Tennessee Golf Association's application for a change in tax status. The TGA is now a 501(c)(3) non-profit organization under the Internal Revenue Code.

TGA members and tournament players will not see much difference in how the association operates, but the TGA will be able to utilize this new tax status to accept tax-deductible contributions from individuals among other benefits for the association and its volunteers.

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