In May 2025, the  IRS released TG3-8 to clarify the disqualifying activities for 501(c)(3) organizations, specifically addressing the differences between inurement and private benefit. Understanding these concepts is crucial for maintaining tax-exempt status, and TG3-8 closely examines how nonprofits manage them and how to better comprehend the associated rules. Inurement refers to the prohibition against any organization's earnings benefiting private individuals, particularl

Some 501(c)(3) organizations, especially those who began operation or applied for sales tax exemption during 2020, may have paid sales...

Some 501(c)(3) organizations, especially those who applied for sales tax exemption during 2020, may have paid sales taxes for 2020 while...

The Internal Revenue Service today explained how expanded tax benefits can help both individuals and businesses give to charity before...

FOR IMMEDIATE RELEASE - October 22, 2020 CONTACT Jeffrey Fromknecht, CEO – jeff@sideprojectinc.org | 561-755-7433 SIDE PROJECT, INC. TO...