A Basic Tax Guide for Nonprofit Organizations

A Basic Tax Guide for Nonprofit Organizations on providentcpas.com

Nonprofits, while tax exempt, still have to file all the proper information with the IRS to clearly highlight their finances and programs It’s well-known that many nonprofit organizations are exempt from paying various federal income taxes under the IRS tax code section 501(c). However, this doesn’t mean that they have no responsibilities when tax time…

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