NOT2241. 501(c)(3) Not for Me? Exploring Noncharitable Tax-Exempt Entities

Substantial attention is paid to charitable entities but what about other tax-exempt entities? This session will delve into common non-charitable entities including social welfare organizations, business associations, and social clubs. We will explore their benefits, drawbacks and special reporting requirements.

Learning Objectives:

• Identify the special reporting requirements for certain entities like Section 501(c)(4) and Section 527 entities.
• Determine the issues involved when non-charitable entities are related to or deal with Section 501(c)(3) entities.