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. Impact on Charitable Contributions Donors to nonprofits often receive tax benefits for their charitable giving.
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