Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must ...
Q. How do I register my organization for nonprofit status? A. It takes two steps to register a charity: File with the Internal Revenue Service to get your federal income-tax exemption, and register ...
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The Pros and Cons of Being a Nonprofit
The defining factor between a nonprofit and for-profit organization boils down to Internal Revenue Code 501(c), which excuses nonprofits from federal tax liability. These qualified charitable ...
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