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In 2006 a bill was passed by congress requiring that Non Profit Organizations submit their 990: Tax Return for Non Profit Organizations, even if no revenue was generated. This bill went into effect
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A bill of sale typically includes information about the buyer, seller, item being sold, sale price, date of sale, and any warranties or guarantees.
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Information such as the buyer and seller's names and addresses, the item being sold, the sale price, and the date of sale must be reported on a bill of sale.
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