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Your heart is in the right place, but you need donations. And naturally, you think starting a nonprofit is the way to go. You ...
Unrelated business income (UBI) is generally triggered when exempt organizations derive income from business activities that ...
Forming and governing a nonprofit involves more than just filing paperwork and assembling the board. While the mission to ...
Republican Sen. Chuck Grassley of Iowa and Democrat Sen. Elizabeth Warren of Massachusetts joined forces to call on the IRS to crack down on hospitals that abuse their non-profit status. Their ...
A watchdog group is challenging the tax-exempt status of a nonprofit that’s raked in cash from Chinese government-linked sources. The Center to Advance Security in America (CASA) filed a complaint ...
The nonprofit, which sells building materials and home furnishings pulled from deconstructed homes, and its CEO, Mark Foster, were both fined $22,000 last year after the IRS found they “aided ...
Nonprofit entities with a 501(c)3 status are generally exempt from paying income tax. However, the IRS maintains an exception to this rule. Nonprofits must pay income tax on income that is ...
Federal tax officials have re-affirmed Grand Canyon University's nonprofit status. The university was approved by the IRS to operate as a nonprofit in 2018, but the U.S. Department of Education ...