Nonprofit & Tax-Exempt Organization Filing Requirements Nonprofit organizations have government filing requirements just like any other business. Many organizations are required to file annual or ...
How to Start a Church
We do all the work to form new churches. We off a quick, straightforward solution to the set up church that is a state non-profit corporation with formal 501(c)(3) status. If you've handle the ...
What is UBIT (Unrelated Business Income Tax)?
A 501(c)(3) nonprofit is not taxed on revenue that comes from an activity that is substantially related to the organization's tax-exempt purpose (charitable, educational, religious, scientific, or ...
How to Start a Nonprofit with 501(c)(3) Status
We do all the work to form new nonprofits and tax-exempt organizations – charities, foundations, and associations. We off a quick, straightforward solution to the set up a non-profit with 501(c) ...
Nonprofit Q&A: What is a Fiscal Sponsorship?
What is a fiscal sponsorship? A fiscal sponsorship is an arrangement in which a 501(c)(3) nonprofit tax-exempt organization (the "fiscal sponsor") shares its tax-exempt status to another group for a ...
Nonprofit Law Basics: Do Nonprofits File Tax Returns? What is a 990?
Do nonprofits file tax returns? Most tax-exempt organizations are required to file annual tax returns with the IRS. Even though most tax-exempt nonprofit organizations do not pay federal taxes on ...
5 Items to Include in Donor Acknowledgment Letters – What to include for tax purposes?
What are donor acknowledgment letters? Donor acknowledgment letters are more than just a "thank you" letter. Most tax-exempt organizations have certain requirements to follow -- including providing ...
You’ve Automatically Lost 501(c)(3) Tax-Exempt Status – Now What?
Since 2011, the IRS has automatically revoked the tax exempt status of hundreds of thousands of nonprofit nonprofit organizations because they failed to file IRS Form 990s for three consecutive years. ...
What are the benefits of having 501(c)(3) tax-exempt status?
Benefits of Tax-Exempt Status under IRC Section 501(c)(3) There are numerous benefits of having 501c3 tax-exempt status: Exemption from federal income tax; Tax-deductible ...
Nonprofit Q&A: What is Group Exemption?
What is Group Exemption? Group exemptions are a way that similar organizations can share the same tax-exempt status. These organizations are sometimes called "umbrella organizations" because the ...