Thursday, October 25, 2012

The IRS And Permissible Activity - TheNonProfitTimes

The IRS And Permissible Activity - TheNonProfitTimes: The presidential election is just a couple of weeks away and people sometimes get desperate as the days get closer. Federal tax law strictly prohibits 501(c)(3) organizations from engaging in activities to support or oppose candidates for public office.

However, there are still a number of ways that 501(c)(3)s can be involved in the political process without running afoul of the law.

Unfortunately, the line between prohibited and permissible activities is murky and can be easily crossed if proper managers of the 501(c)(3) are not careful in how they plan and execute the activities. Now might be a good time to review the rules that will help you stay on the right side of the line while involved in the process.

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