Follow these dos and don’ts to maintain your 501(c)(3) status
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Description
Abstract: Having status as a tax-exempt “public charity” gives a not-for-profit significant benefits. But keeping this 501(c)(3) status isn’t automatic. This article offers some important dos and don’ts to follow in order to retain the privilege: tips involving reporting obligations, tax withholding, unrelated business income, political lobbying and other issues.
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