Consider Unrelated Business Income after Incorporating as a Non-Profit Organization

Many new corporations start as tax-exempt organizations by operating as a business with a social goal. The IRS grants the tax exemption when a corporation’s profit is used to serve a community interest. Your only income from having such a tax-exempt corporation is the salary you receive. But you serve an important mission and perhaps […]

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Non Profit Doesn’t Necessarily Mean Tax Exempt

If you are involved with an organization who has a primary mission that would be considered charitable in nature, you may consider yourself a non-profit organization. These organizations, however, are often the subject of confusion when it comes to the laws and designations which govern them. If your organization is new or doesn’t currently have […]

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