With over a decade of experience as a small business technology consultant, Alana breaks down technical concepts to help small businesses take advantage of the tools available to them to create ...
Discover how IRS Publication 557 can guide your organization to secure and maintain tax-exempt status, ensuring compliance with essential IRS regulations.
Section 501(c)(3) of the Internal Revenue Code, more commonly known as the tax code, defines organizations that are exempt from taxes because they operate in the public interest. Another name for a ...
Corporations seek nonprofit status by filing an application with the IRS, which grants this status under Title 25, Section 501(c) of the Internal Revenue Code. Two similar 501(c) classifications are ...
In Private Letter Ruling 201935013 (released Aug. 30, 2019), the Internal Revenue Service denied a charitable remainder unitrust’s (CRUT’s) request to be recognized as tax-exempt under Internal ...
A recreational community pickleball club that was open to participants of all ages and skill levels was not organized and operated exclusively for exempt purposes under Sec. 501(c)(3), according to ...