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In this video, Tiffany from Boston on a Budget discusses the importance of understanding IRS regulations when collecting donations for nonprofits. She shares a cautionary tale about a Connecticut man who faced challenges due to improper donation handling. Tiffany emphasizes that her goal is to educate new and small nonprofits about potential pitfalls, not to criticize. She encourages viewers to subscribe for weekly guidance. By sharing this story, she aims to help others avoid similar mistakes. The video promises to conclude with three key lessons to ensure compliance and smooth operation when gathering donations.