Nonprofit Organizations Archives - Tax2efile Blog

501 (c) (3) Federal tax obligations of nonprofit corporations

Federal tax obligations provide information about the legal duties of individuals and organizations to comply with the tax laws and regulations set forth by the federal government. A non-profit organization is an entity that aims not to generate profit and offers goods and services to the community for charitable, educational, religious, or other purposes. A nonprofit corporation is a legally established entity that endeavors activities useful to society without aiming at earning profits. Their key goals include...