Businesses that are organized as 501(c) organizations for tax purposes must follow certain rules and regulations. A 501(c) organization is tax-exempt and has been organized for charitable or other ...

The IRS changed the submission process for groups that intend to operate as 501(c)4 tax-exempt organizations, requiring them to submit forms through Pay.gov.

Tax-exempt organizations are facing more scrutiny than ever. Federal and state regulators have signaled an intent to more aggressively investigate nonprofits, and compliance missteps that once drew a ...

On March 17, 2023, the IRS Exempt Organizations and Government Entities Division published two Technical Guides: (1) TG 1 Instrumentalities of the United States, Government Corporations, and Federal ...

The IRS grants tax-exempt status to qualified public charities, private foundations, churches and religious organizations under section 501(c)(3) of the federal tax code. The IRS also grants ...

The U.S. Department of the Treasury and the Internal Revenue Service have issued new guidance relaxing rules on what some tax-exempt groups must disclose to the IRS. “It is important to emphasize that ...

Nonprofit news organizations were supposed to be journalism’s next great hope. Like a rocket shooting from the dying planet of print news, nonprofit outlets were supposed to be able to focus on the ...

In Private Letter Ruling 201935013 (released Aug. 30, 2019), the Internal Revenue Service denied a charitable remainder unitrust’s (CRUT’s) request to be recognized as tax-exempt under Internal ...

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