How Tax-Exempt Statuses Can Be Revoked Part 3

According to The Nonprofit Almanac 2015, 1.41 million nonprofits were registered with the Internal Revenue Service in 2013. That same year, nonprofits accounted for 5.4 percent of the country’s gross domestic product, coming in at 905.9 billion dollars. In all, nonprofit organizations make up a huge part of our country’s GDP and overall economy. Despite […]

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How Tax-Exempt Statuses Can Be Revoked Part 1

For many, the laws and regulations of our tax organization can be a complicated obstacle course of technicalities and amendment forms. This statement can hold even more truth for entities that hold a 501(c) tax exemption status. Last week, we covered the basics of what a tax-exempt status is and what that entails. As premier […]

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