Jour : 21 février 2020

Exempt purposes Internal Revenue Code Section 501c3 Internal Revenue Service

Another potential disadvantage of being a 501(c)(3) organization is the restriction normal balance on profit distribution. Non-profit organizations must reinvest any profits back into the organization to further its tax-exempt purposes. 501(c)(3) organizations are subject to strict rules that prohibit them from engaging in certain political activities, such as endorsing or opposing political candidates or […]

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