Nonprofits and Political Campaign Activities – What Is Allowed?
Tax-exempt organizations should know how they and their employees can participate in this upcoming election, along with other statewide and local elections that may affect them. IRS restrictions, allowed political campaign activities, employee engagement…
501(c)(7) Social Clubs and Recreational Organizations – How to stay tax-exempt
Fraternities, country clubs, hobby clubs and sports clubs all are examples of groups organized for social, recreational and similar nonprofit purposes that are tax exempt under Section 501(c)(7) of the Internal Revenue Code. What is a 501(c)(7) social organization? Not all tax-exempt organizations are private foundations or public charities. Under Internal Revenue Code Section 501(c)(7), social […]