Charitable nonprofit organizations that enjoy tax-exempt status under Internal Revenue Code (IRC) Section 501(c)(3) are subject to strict rules on the amount of legislative lobbying in which they [...]
Various charitable and non-profit organizations have tax-exempt status under the Internal Revenue Code (IRC). However, they must comply with specific requirements to maintain their status. Limits [...]
Business leagues are organizations or associations that are tax-exempt under Internal Revenue Code (IRC) Section 501(c)(6) if they meet specific requirements. Therefore, to ensure their [...]
Churches and charities that receive tax-deductible charitable contributions are subject to federal tax laws. In particular, the Internal Revenue Code (IRC) requires that donors obtain specific [...]
Social welfare organizations enjoy tax-exempt status under §501(c)(4) of the Internal Revenue Code (IRC). However, these organizations must meet certain requirements under the IRC to maintain [...]
Churches often provide housing assistance for their pastors or ministers, whether it be a church-owned parsonage or some type of housing allowance. Whatever the situation, housing allowances [...]
The bylaws of a nonprofit organization are a legally binding document that dictates how board members or directors must operate the organization. Therefore, failing to follow the bylaws can [...]
The Revenue Act of 1913, also known as the Underwood Tariff Act, established the federal income tax exemption for business leagues. This exemption continues today in Section 501(c)(6) of the [...]
IRC 527 addresses the federal taxation of political parties and organizations. This IRC section took effect for the tax year that began January 1, 1975, and established the only taxation for [...]
Corporate sponsorship generally is a beneficial arrangement for the charities, think tanks, and other tax-exempt organizations, as well as the corporations sponsoring them. Generally, the [...]
