Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must ...
"Tax-exempt status" means that an organization does not have to pay state or federal income taxes. Once an organization earns tax-exempt status, it typically has annual filing requirements with the ...
Workers often assume that their workplace privileges stem from legal requirements that govern how employers regulate their hours and pay. However, work breaks don't stem from the same U.S. laws that ...
Pay thresholds for exempt, salaried workers will increase on July 1 and January 1. Employers can take steps now to ensure compliance. Some state laws supersede the new rules or present additional ...
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.
Employees claiming exempt status for their federal or state withholding are required to update their tax information each year before Feb. 15. If employees do not update their status, the exemption ...
All employees are one of two types: exempt and non-exempt. As an employer or aspiring business owner, you need to know the difference between exempt vs. non-exempt employees. This knowledge can help ...
The Internal Revenue Service (IRS) has denied a marijuana-focused tourism organization’s request for nonprofit tax-exempt status, citing the ongoing federal criminalization of cannabis and saying that ...
Buying a good or service for a Northwestern University unit Receiving a request from a vendor for the Illinois Tax-Exempt Certificate Receiving a request for a tax-exempt certificate When making a ...