This year, credit union leaders face a pivotal moment—one that could shape the future of our industry for decades to come. The scheduled expiration of key provisions from the ...

A nonprofit is a tax-exempt corporation that returns its net earnings to its mission. Learn about IRS rules for nonprofits.

If passed, a new Senate Bill could redefine which organizations get tax exemptions. Senate Bill 2369 would change a part of ...

Tax exempt organizations such as associations, charities, and nonprofit organizations play an indispensable role in fostering ...

Marilyn Stark, R-Bethany, introduced legislation to give a sales tax exemption for non-profits. HB 1171 would ... and passed in the House 70-17 but did not make it to the Senate floor.

Nonprofit hospitals are exempt from federal and some state and local taxes. Therefore, in addition to providing that 24/7 care, they must meet the Internal Revenue Service (IRS) Community Benefit ...

If an organization does not submit the form for three consecutive years, it can have its tax-exempt status revoked. In an interview last month with Melissa Cook, the non-profit compliance ...

Many have used nonprofit status to expand beyond their mandate of serving low- and moderate-income communities.

The Louisiana Department of Revenue said the state will continue to recognize sales tax exemptions on K-12 school sports ...

Under the bill, nonprofit hospitals could not charge patients more than 200% of what they would pay under Medicare for the same service — a benchmark that Franciscan Health did not clear in a similar ...

The provincial government has already waived its education property tax for non-profits ... the exemption would save her organization about $100,000 annually in property taxes. She said not ...