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May 1, 2023

Filing for Tax-Exempt Status as a Non-Profit: What You Need to Know

Filing for Tax-Exempt Status as a Non-Profit: What You Need to Know As a non-profit organization, you may be eligible for tax-exempt status. This status allows your organization to be exempt from paying federal and state income taxes, as well as certain other taxes. Additionally, donors to your organization may be able to deduct their contributions from their taxes. Here’s what you need to know about filing for tax-exempt status as a non-profit. Types of Tax-Exempt Status There are two types of tax-exempt status that non-profit organizations can apply for: 1. 501(c)(3) status: This is the most common type of

Recent Posts

Demystifying Probate: Understanding the Process of Estate Settlement

Demystifying Probate: Understanding the Process of Estate Settlement Probate – it’s a term that often comes up when discussing the legal aspects of someone’s passing. But what exactly is probate, and why does it matter? In this blog, we’ll discuss
September 20, 2023

Understanding Advanced Healthcare Directives: Ensuring Your Medical Wishes Are Honored

Understanding Advanced Healthcare Directives: Ensuring Your Medical Wishes Are Honored When it comes to your health and well-being, having a voice in medical decisions is essential. An advanced healthcare directive is a powerful legal document that empowers you to make
August 17, 2023

Forming a Business: Tax and Management Considerations

Forming a Business: Tax and Management Considerations When setting up a business, one of the earliest and most critical decisions is determining the type of business structure you’ll adopt. This choice not only affects how your business operates but also
August 8, 2023

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