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five bank account for nonprofit organization rules to follow from business verse family comm if you're in the process of starting a nonprofit organization there are many financial pitfalls that you must prepare for this is particularly true when it comes to IRS compliance for nonprofit in this video you'll learn how to open a nonprofit bank account what documents you'll need to do it and what financial rules to follow for nonprofit organizational compliant nonprofit organizations need to open bank accounts in order to achieve their charitable goals as a nonprofit business owner looking for the best thing to open an account with your head is probably spinning with rules regulations and policy you may have developed your organization around Environmental Protection and want to jump directly into the charity work but you still need to focus on your finances despite how difficult it can be to understand fortunately you can comprehend the rules you need to follow without spending hours doi...