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Showing content with the highest reputation on 09/11/2019 in all areas

  1. 1 point

    Non-Profit Tax Question

    Of course going through the drill to be officially declared a tax exempt organization is the right thing to do. However, I bet 99% of small organizations, clubs and civic associations don't bother. Acquiring tax exempt status is only significant in most cases if the organization is a charity or educational organization that solicits funds and offer a tax exemption for the funds collected.
  2. 1 point

    Non-Profit Tax Question

    What do you mean "offset" the 2020 dues? Who would get the money? And is the HOA actually recognized as tax exempt by the IRS? (Nonprofit is not the same thing as tax exempt.)
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