A for-profit organization operates with the primary goal of generating profits for its owners or shareholders. Unlike nonprofits, for-profits are not tax-exempt and can engage in a wide range of activities, including those aimed at profit maximization. Examples of for-profit busine...
Learn how to apply for tax-exempt status, handle IRS audits, set up a wholly owned taxable subsidiary, and anticipate tax implications of lobbying expenses with this step-by-step guide. Complete with checklists, sample letters, and illustrative charts, this easy-to-understand reference is an im...
What every not-for-profit must know about accounting, tax, and reporting requirementsCombining the proven guidance of the previous, bestselling edition with all of the latest regulatory information, Edward McMillan delivers a one-stop reporting resource for not-for-profits in Not-For-Profit ...
The excise tax falls on “applicable tax-exempt entities” (“ATEOs”) and related organizations. It is intended to have the same economic effect as a for-profit corporation losing a tax deduction. The Proposed Regulations are generally consistent with the IRS’s interim guidance under Notice ...
Hadzi-Miceva-Evans,Katerina - International Journal of Not-for-Profit Law 被引量: 1发表: 2010年 Do more harm than good?The optional reverse charge mechanism against cross-border tax fraud The so-called 'missing trader intra-community' (MTIC) fraud causes enormous losses in value-added tax (...
Not For Profit Schools Once incorporated, most not-for-profit private schools seek 501(c)(3) status from the IRS. This nonprofit status exempts the entity from federal, state, and local taxes. It also permits the school to accept contributions, which are tax-deductible to the extent provided...
But don’t forget that investors have a powerful tax advantage even in taxable brokerage accounts, since they pay no capital gains taxes on appreciated assets as long as they don’t realize a profit. That is, you can hold stocks for decades and never owe a dime....
Is Getting Student Loans Out of Default Right for You? While there are benefits to getting student loans out of default, borrowers should think carefully about when the time is right to do so. Unfortunately, it is common for borrowers who rehabilitate...
acouldn't initialize SoundFilterDB. 不能够初始化 SoundFilterDB。[translate] aprofits tax has not been provided as there is no estimated assessable profit generated for the year. 利润税没有被提供过如没有全年被生成的被估计的可评估的 利润。[translate]...
Not-for-Profit Organizations and Taxes Thanks to their tax-exempt status, not-for-profit organizations arenot subject to most forms of taxation, including sales tax and property taxes. However, in most cases, only donations made to nonprofit 501(c)(3) organizations aretax-deductible. Not-for-...