Wednesday, March 12, 2014

What to Know about Unrelated Business Taxable Income ::: Nonprofits, increasingly, are looking to augment traditional sources of income with new revenue-generating activities. While this activity is allowable to some extent, nonprofits need to be aware of potential tax liabilities, as well as the potential effect on their exempt status.

Here are key points that 501(c)(3) organizations need to keep in mind.

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