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Question: We are a regional 501(c)(3) exempt organization looking to form local chapters expand our reach. Can these chapters simply use our EIN and exempt status?September 20, 2024
Question: We are a regional 501(c)(3) exempt organization looking to form local chapters expand our reach. Can these chapters simply use our EIN and exempt status?
Answer: It depends. Parent-chapter relationships can be very difficult to…
Tax-Exempt vs. Nonprofit in VirginiaJune 06, 2019
Most people use the terms “nonprofit” and “tax-exempt” interchangeably. Legally speaking, however, the terms have different meanings. The term “nonprofit” generally refers to provisions of state law that authorize the formation of…
New Changes to IRS Form 1023-EZ Now in EffectFebruary 08, 2018
The IRS recently rolled out a few minor changes to its Form 1023-EZ, an abbreviated version of Form 1023 that allows smaller nonprofits to apply for recognition of tax-exempt status more quickly and cost effectively. For a discussion of the…