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 [...]
How to Correctly Prepare a Written Acknowledgment of a Contribution by a Donor to a Church or Other Charity
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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 [...]
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 [...]
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 [...]
The California Department of Justice, Office of the Attorney General, recently released an Audit of Donor Advised Fund (DAF) sponsors registered with its office. The OAG fund the Audit necessary [...]