To be exempt from tax as a social welfare organization described in Section 501(c)(4) of the Internal Revenue Code (IRC), an organization must not be organized for profit. It must...
For people that want to donate money to a political campaign, it is essential to think if one can deduct it from your tax return. The answer is no, as Uncle Sam specifies that...
It would be disastrous to non-profit charitable organizations if they should lose their tax-exempt status. Therefore, it is incumbent upon the leaders of such organizations to familiarize...
If you owe the Internal Revenue Service a large amount of money from previous tax years, and have not answered correspondence or started a payment plan, you may end up with a lien...
The following items are not included in income of taxpayer for a taxation year:
Amounts declared to be exempt by legislation of the Parliament of Canada (s. 81(1)(a))
Amounts received...