Churches and other nonprofit employers may officer fringe benefits that are subject to state and federal employment taxes. In particular, nonprofit employers should familiarize themselves with [...]
Internal Revenue Code (IRC) Section 501(c)(5) permits tax-exempt status for qualifying labor, agricultural, or horticultural organizations. Each organization must meet different criteria to meet [...]
Nonprofit organizations often hold annual or periodic fundraisers to supplement their budgets. Common fundraising activities may include holding raffles. In California, eligible tax-exempt [...]
Nonprofit organizations often engage in ongoing fundraising activities to augment their budgets. Some fundraising activities may include directly soliciting potential donors. As a result, [...]
All charities have various reporting requirements under state and federal laws that often change over time. Keeping ahead of these developments can be challenging, but doing so is critical to the [...]
The Internal Revenue Service (IRS) broadly provides for two types of organizations with tax-exempt status under Internal Revenue Code (IRC) §501(c)(3): private foundations and public charities. [...]
Similar to all charitable organizations, business leagues are subject to various restrictions to safeguard their federal tax-exempt status under Internal Revenue Code (IRC) §501(c)(6). These [...]
Nonprofit organizations often find it necessary to engage in fundraising activities to supplement their funding over time. Quid pro quo contributions are one common fundraising activity that [...]
4 Differences Between Public Benefit, Mutual Benefit, and Religious Nonprofit Corporations Under California Law
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California law recognizes three different types of nonprofit corporations: public benefit, mutual benefit, and religious nonprofit corporations. All these nonprofit corporations are eligible for [...]
Nonprofit organizations with Section 501(c)(3) tax-exempt status that do not fit into any of the public charity categories found in Section 509(a) may be private operating foundations. Whether a [...]