Most people are familiar with the terms nonprofits, not-for-profits, and for-profits—but do you know how each type of organization operates? While their differences may seem straightforward, each ...
Many not-for-profit organizations dread the unrelated business income tax (UBIT) because it can be a challenge to sort out when a not-for-profit’s activities are subject to the tax and when they are ...
What: Like for-profit businesses, not-for-profit organizations have been impacted by the Coronavirus pandemic and the tax legislation that has resulted therefrom. Many of the tax assistance measures ...