Arts and culture organization CSPS is looking to raise around $120,000 by the end of 2022 to maintain operations as the group waits for the IRS to reinstate its tax-exempt status, which it lost last year after not filing three years of tax returns.
The $1.9 trillion covid-19 relief bill passed by the Senate includes a provision to make $10,200 of unemployment benefits tax exempt on 2020 tax returns.