Debunking Common Myths Associated With Nonprofit Organizations
Let’s admit it, nonprofit organizations are often misunderstood. This according to Shai Goldstein, CEO and Founder of A2Z-filings is due to a number of misconceptions that have been perpetuated by the media and popular culture over time. Some common myths include that people who work in nonprofits don’t get paid, all nonprofit organizations need donations to survive, […]
What Nonprofits Need To Know About The IRS Form 990
Nonprofit organizations are exempt from paying taxes; however, they still have to file form990with the IRS. This form ensures that nonprofits conduct business smoothly and consistently, focusing their entire revenue back into their main cause—legally. If you don’t know anything about 990 tax returns for nonprofit organizations, don’t worry, you’ve come to the right place! […]
