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 [...]
Educational organizations that qualify for tax-exempt status under the Internal Revenue Code (IRC) Section 501(c)(3) include those that are charitable in that they “advance education.” According [...]
Taking the IRC Section 501(h) Election: Will It Allow My Nonprofit to Spend More or Less on Lobbying?
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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 [...]
Avoiding Tax on Political Expenditures for 501(c) Organizations: How to Create Separate Segregated Funds Under 527(f)(3)
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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 [...]