Discovering The Tax Implications of Nonprofits Owning For-Profit Businesses
The Charity CFO
DECEMBER 27, 2023
Nonprofits with excess holdings may face an excise tax on the value of shares over the limit. Impact on Charitable Contributions Donors to nonprofits often receive tax benefits for their charitable giving. In most cases, a donor may be able to deduct certain charitable donations from their taxes.
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