The Wisconsin Supreme Court had ruled that the group’s activities in serving the state’s poor were not religious enough to ...

Tax-exempt organizations can quickly file Form 8868 through ExpressExtension by May 15 to get an automatic six-month extension and avoid IRS penalties. ROCK HILL, SC / ACCESS Newswire / May 13 ...

The 280E section bars any company from claiming standard business tax deductions if it traffics in Schedule I or Schedule II controlled substances. Marijuana has been a Schedule I narcotic since the ...

501(c)(7) and therefore denied it tax-exempt status. Facts: A domestic networking organization was duly incorporated under state law as a nonprofit mutual benefit corporation. The purpose of the ...

"We are thrilled" that the initial tax draft leaves the tax exemption untouched ... In 2017, the Ways and Means Committee print of the Tax Cuts and Jobs Act "contained several threats to the ...

A proposal by Republicans in Congress would allow President Donald Trump’s administration to remove the tax-exempt status of nonprofits that ... that they give only to 501(c)(3) organizations. St.

WASHINGTON — A proposal by Republicans in Congress would allow President Donald Trump’s administration to remove the tax-exempt status of nonprofits that it says support terrorism, creating ...

Do Nonprofits Pay Federal Excise Tax Surcharges?. The Internal Revenue Service requires... Foreign charities use IRS Form 1023, Application for Recognition of Exemption Under Section 501(c)(3 ...

A major update has been issued over the new Labour Party government making the state pension "tax exempt". The Labour Party government is under pressure to "make the state pension tax exempt ...

[But] America is stronger when we protect dissent in all its forms, as long as it is done ... discretion” to strip organizations of their tax-exempt status “without any due process ...

The proposed package includes several key provisions, summarized below, particularly relevant for tax-exempt organizations. It is important to note that at this stage, these changes remain ...