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Do Nonprofits Pay Taxes? Do Nonprofit Employees Pay Taxes?

Blue Avocado

We often get questions from our readers about whether a nonprofit organization must pay taxes, or whether individuals working at a nonprofit must pay taxes. While there are lots of details to get into depending on the situation, here’s a summary about nonprofits and the taxes they may or may not have to pay!

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Do Nonprofits Pay taxes? It’s Complicated.

The Charity CFO

Many nonprofit founders think that they won’t have to worry about taxes. “Tax-exempt “ doesn’t mean that you don’t have to pay any taxes. It simply means that you don’t have to pay most federal and state income taxes. Do nonprofits pay income tax?

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Donor-Advised Funds 101: A Beginner’s Guide for Nonprofits

NonProfit Leadership Alliance

In the nonprofit world, donor-advised funds are on everyone’s minds as they continue to gain popularity with supporters. But what exactly are donor-advised funds, and why should you care as a nonprofit professional ? The donor then “advises” their DAF provider by requesting for grants to go to specific nonprofits or causes.

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How to Manage Payroll for Your Staff: A Nonprofit Guide

Top Nonprofits

Whether you’re investing in fundraising software or paying for programs to fulfill your mission, your nonprofit’s budget requires careful allocation of expenses. This data is crucial to effective financial management and nonprofit compliance, especially for annual filings such as Form 990. Monitor tax law compliance.

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Understanding Unrelated Business Income in Nonprofits

The Charity CFO

If you know only one thing about 501(c)(3) nonprofit organizations , you probably know that they don’t pay federal taxes on their income. . This is called the unrelated business income tax, or UBIT. So how do you know if your nonprofit organization has taxable unrelated business income?

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Activists Call for Wealthy Tax-Exempt Nonprofits to Pay Their Fair Share

NonProfit Quarterly

Image Credit: Sasun Bughdaryan on unsplash.com For decades, communities around the country that are home to large, wealthy nonprofit institutions like universities and hospitals have struggled with an economic conundrum. What counts as “community benefit” is largely defined by the nonprofit institutions themselves.

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3 Ways to Make the Most of Non-Cash Giving

Nonprofit Tech for Good

By Steve Latham , CEO & Co-founder at DonateStock – a fundraising platform that makes stock gifting to nonprofits easy and accessible. More than 6 millions retirees over 72 can benefit from Qualified Charitable Distributions (QCDs) to reduce the taxes on their IRAs (via required minimum distributions).