Question
What steps are necessary to create a private, nonprofit corporation exempting federal and state taxes? A) The organizers must file a document with an official
What steps are necessary to create a private, nonprofit corporation exempting federal and state taxes?
A) The organizers must file a document with an official of the state government to create a nonprofit corporation and then apply to the federal Internal Revenue Service (IRS) and the state tax authority for tax-exempt status.
B) The organizers must file a document with an official of the federal government to create a nonprofit corporation that may operate in interstate commerce and then apply to the federal Department of Health and Human Services (HHS) and the state tax authority for recognition as a tax-exempt hospital.
C) The organizers must file a document with an official of the county government to create a corporation and then apply to the federal Internal Revenue Service (IRS) and the state tax authority for tax-exempt status.
D) All of the answers listed are correct.
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Regulation Of Lawyers Problems Of Law And Ethics
Authors: Stephen Gillers
12th Edition
1543825869, 978-1543825862
