An organization qualifies as tax-exempt if its primary purpose falls under the criteria set by the IRS. This includes the allocation of profits and ongoing compliance.
Receiving a letter from the IRS is not likely anyone’s idea of a nice surprise. Like taking medicine, though, it’s best to deal with it quickly (and on the first...
Error Code F990PF-905-01 indicates the organization has not been established as a private foundation with the IRS (only private foundations can file Form 990-PF). Received this code? Read on for...