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In this video, Tiffany from Boston the Budget shares important cautionary advice for new and small nonprofits regarding IRS regulations when collecting donations. She recounts a news story from April 2021 about a man in Connecticut who faced issues due to his donation collection practices. Tiffany emphasizes her intention to help others avoid similar pitfalls rather than to criticize. Throughout the video, she aims to provide key lessons and crucial considerations for those starting or operating nonprofits. Viewers are encouraged to stay tuned until the end for three key takeaways to ensure compliance and avoid trouble with the IRS.