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 Internal Revenue Service (IRS) issued Notice 2021-56 - Standards for Section 501(c)(3) Status of Limited Liability Companies as its first attempt to set the standards for a limited liability ...

A 501(c)(3) organization is a nonprofit organization such as a charity, church or school. Rather than to raise money as a profit, a 501(c)(3) organization raises money for a cause-typically one that ...

The IRS recently announced that Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code, may only be filed electronically. Although the effective date ...

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 ...