IRS shares good info on obtaining nonprofit tax-exemption

IRS logo public domainTrying to get a nonprofit going to serve a valuable cause?

Chances are you’ll want (and need) a nonprofit determination from the IRS. That determination confirms that

  1. your nonprofit can receive donations that the givers can deduct as charitable contributions and
  2. your nonprofit is tax-exempt — that means it doesn’t have to pay Federal income taxes on the income related to its purpose.

The IRS just updated its information to provide a handy guide for you — to help you obtain a determination that works for both purposes. Find the IRS information here . . .