Chizoba Morah is a business owner, accountant, and recruiter, with 10+ years of experience in bookkeeping and tax preparation. Nonprofits are exempt from federal income taxes under IRS subsection ...
With the federal government’s increased scrutiny of nonprofit organizations and their tax-exempt status, the impact of losing tax-exempt status must be considered when these organizations are ...
Beginning July 1, the IRS will raise the fees it charges charities to apply for tax-exempt status, the revenue service has announced. Organizations seeking first-time rulings that they qualify as ...
The Internal Revenue Service (IRS) recently finalized new procedures for section 501(c) organizations to obtain and maintain group exemption letters and, after more than five years of suspension, ...
Volunteer Bonnie Ralston hosts a show in the Allegheny Mountain Radio studio in Monterey, Va., in September 2025. Pierre Hardy/AFP via Getty Images Although advertising revenue largely sustained the ...
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Nonprofit news outlets are often scared that selling ads could jeopardize their tax-exempt status
Although advertising revenue largely sustained the news media in the 20th century, it's been harder to come by in the digital age. News media outlets just aren't as important these days for ...
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