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The text discusses the importance of being cautious when collecting donations to avoid running into trouble with the IRS. It tells a cautionary tale about a man in Connecticut who faced consequences for mishandling donations. The speaker, Tiffany with Boston the Budget, emphasizes the need for new and small nonprofits to be mindful when collecting money. She shares this story not to criticize the man but to provide lessons for avoiding similar mistakes. Stay tuned for three key takeaways at the end of the video.
