3 ms·
Formalized clubs do get some tax benefits. Most people are only familiar with 501(c)(3)s but there are many kinds of 501(c)s; specific tax benefits and allowed
by morelisp 6y ago
Formalized clubs do get some tax benefits. Most people are only familiar with 501(c)(3)s but there are many kinds of 501(c)s; specific tax benefits and allowed behavior to maintain them vary.
https://en.wikipedia.org/wiki/501(c)_organization https://en.wikipedia.org/wiki/501(c)_organization