If you plan to form a nonprofit, it's important to know about the most common types of 501(c) groups. Get expert-backed tips ...

Rev. Proc. 2026-08 updates procedures for exemption from income tax on a group basis for 501(c) organizations that are under ...

The IRS recently issued a Private Letter Ruling (the “PLR”) revoking a hospital organization’s section 501(c)(3) status for failing to comply with the section 501(r) requirements. 1 In what may be a ...

This article originally appeared on SportsEngine. Republished here with permission. Youth sports organizations are often run by people who are volunteers. Sometimes one volunteer within the group ...

If you aren't up-to-date on the IRS scandal that has Republicans up in arms and President Obama getting flak from Jon Stewart, here is a quick refresher: Last week, IRS official Lois Lerner apologized ...

While Internal Revenue Code Section 501(c)(3) organizations are the typical vehicle for philanthropy, many organizations enjoy tax-exempt status under IRC Sections 501(a) and 401(a), such as trade ...

The U.S. Department of the Treasury and the Internal Revenue Service have issued new guidance relaxing rules on what some tax-exempt groups must disclose to the IRS. “It is important to emphasize that ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

CHEYENNE, Wyo.--(BUSINESS WIRE)--The DigiByte Alliance, founded to support education and innovation for the DigiByte blockchain, has been granted 501(c)(3) status by the Internal Revenue Service (IRS) ...