Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must ...
What does it mean to be tax-exempt? Tax-exempt means not being required to pay taxes on certain types of income. Find out what type of income is included.
The Opportunity, Balance, and Better Budget Act (OBBBA), formerly known as the One Big Beautiful Bill Act, enacted on July 4, 2025, introduces the most significant changes to the tax landscape for tax ...
Pt. I. Introduction to the law of tax-exempt organizations. Philosophy underlying and rationales for tax-exempt organizations -- Overview of nonprofit sector and tax-exempt organizations -- Sources, ...
Non-profits in New York can lose property tax exemptions if they lease to for-profit entities or if lease income exceeds costs. Courts closely examine whether leases serve the organization’s ...
The Treasury Department wants feedback on foreign government lending and effective control of commercial entities as it works on finalizing rules governing when foreign government income is exempt ...