3 ms·
It's very easy to incorporate different types of businesses under tax exempt nonprofits under codes that are not 501(c)3. The problem is if you are not incorpor
by dnautics 7y ago
It's very easy to incorporate different types of businesses under tax exempt nonprofits under codes that are not 501(c)3. The problem is if you are not incorporated as a nonprofit, if someday you flip to losing money because you're giving it away, the irs will not be happy, and may move to revoke your incorporation.