Discovering The Tax Implications of Nonprofits Owning For-Profit Businesses
The Charity CFO
DECEMBER 27, 2023
Tax Implications of Nonprofits Owning For-Profit Businesses Unrelated Business Income Tax (UBIT) Recognized nonprofits generally receive tax-exempt status from the federal government. Tax-exempt status makes it easier for your organization to retain nonprofit revenue and meet the goals of your mission.
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