Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must ...
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What does it mean to be tax-exempt?

What does it mean to be tax-exempt? Tax-exempt means not being required to pay taxes on certain types of income. Find out what type of income is included.
What Is Form 990: Return of Organization Exempt From Income Tax? Even organizations exempt from paying federal income tax must report their activities annually to the Internal Revenue Service (IRS).
Form W-9 Request for Taxpayer Identification Number and Certification: Companies obtaining personal services from Purdue request this form to verify Purdue’s tax identification number and exemption ...