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See link http://www.irs.gov/publications/p557/ch03.html
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∙ 15y ago
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Is 501c3 the same as articles of incorporations?
No, 501c3 are documents filed with the IRS for a Non Profit Corporations' tax exempt status once the Corporation has been filed with the Secretary of states office. Articles of incorporation are documents filed with the secretary of states office to create the corporation.
Can your business have LLC and 501c3?
It is possible to have a LLC and 501c3, but the IRS sets conditions. A non profit and a limited ?æLiability company may have shared values but not enough structure.
Can an individual or business receive a tax deduction if contributing to an organization whose charter states they are for religious or charitable purposes but who does not have 501c3 status?
No. In order for contribution to be tax deductible, the organization must be a 501(c)(3) corporation approved and up to date with the IRS. Any other organization does not qualify for contributions to be deductible.
do Jehovah witness Kingdom hall qualify for 501C3 status?
I don't think anyone outside of the administration of JW's or the IRS could answer such a question. If you read over the requirements of 501C3 status, it outlines that it has to be a non-profit organization, not involved with any political activities such as lobbying for a certain political candidate or cause. Jehovah's Witnesses certainly meet those requirements. Whether JW's fall under this classification, or because of some other criteria fall under a different tax-exempt status, it would be unknown by parties outside of the two previously mentioned.
Can your federal income tax refund be taken by IRS even if you are in uncollectable status?
Yes, the IRS will continue to keep your IRS refunds even if you are in Currently Not Collectible status.
How do you consent to receive your w2 electronically?
You can consent to receive your W2 electronically by visiting the offical IRS website. This website can also be used to learn more about income and business taxes, as well as to check the status of your tax return.
What is IRS form 2253?
IRS 2253 is the form used to apply for S corporation status
Do you need a license to preach in America?
No, it is a first amendment right. Freedom of religion and freedom of speech. You can preach out loud on any sidewalk, park, and public place. If you are a pastor, and collect a salary from a church body, you have to file for 501c3 non-profit organization status and report your income to the IRS, though you are tax exempt.
How do you find out the status of your tax refund?
The IRS has a tool on their website that allows you to check the status of your refund (see link below)
Will you get a w-2 for a gross income under 500.00?
If you were an employee for a business you will receive a W-2 form no matter what the amount of income that you received. This is required of them by the IRS.
When can IRS employees expect to receive their W2's?
I am an IRS seasonal employee and have not yet received my W2. We are supposed to receive them before January 31.
What is IRS 401-C3 status?
I believe you are referring to 501(c)3 status, which is the federal status for non-profit corporations.
