
IRS issues guidance on LLCs as 501(c)(3) entities
$225.00
Description
Abstract: Nonprofits often use limited liability companies (LLCs) when they want to form subsidiaries to, for example, launch a new service or joint venture. However, federal regulations for tax-exempt organizations don’t specifically address LLCs. This article summarizes new guidance from the IRS on the requirements an LLC must satisfy to be deemed tax-exempt.
Additional information
Year | |
---|---|
Niche | |
Newsletter | |
Issue | |
Word Count |