Nonprofits are generally not required to file Form 940, the Employer's Annual Federal Unemployment (FUTA) Tax Return, if they do not pay unemployment taxes. However, if a nonprofit has employees and meets certain criteria, such as paying wages above the threshold for FUTA tax, it may need to file this form. Additionally, state unemployment tax requirements may vary, so it's important for nonprofits to check both federal and state regulations regarding unemployment tax obligations.
where do pa residence file form 940
Yes
check this link for 941 http://www.irs.gov/file/article/0,,id=111163,00.html check this link for 940 http://www.irs.gov/file/article/0,,id=111150,00.html
Non devisable profit is that portion of profit which is not available to distribute to shareholders in the form of dividend which is called retained earnings.
No. The whole point of a non-profit organization is that it's non-profit. All of their earnings go to their cause and all of the workers in the organization are volunteers.
where do pa residence file form 940
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Yes, although you will have to file a bit differently than with a typical profit LLC.
Associations can file with their local secretary of state for whichever kind of profit status for which they qualify.If the only income is from assessments, then usually, condominium associations are non-profit corporations.If, however, the community has rental income, then it can be classified as a for-profit corporation.Your governing documents and your association's attorney can best answer your question.Additional DetailIf this is analogous to Home Owners Associations, then they generally file as non-profit corporations with the state. However, when filing with the IRS you would file as a 501(c)(4) which has different tax benefits than the traditional 501(c)(3)
Yes
Click on the link below.
Yes. Non profit is a tax status.
Yes, they are non-profit. The BPOE is a non-profit fraternal and philanthropic organization.
Yes, just like general professional partnership. Use 1702Q
profit
profit.
Yes, PETA is a non-profit organization.