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Whats the answer i would think E but I'm not sure. Which of the following is not prohibited of organizations receiving tax exempt status under
Whats the answer i would think E but I'm not sure.
Which of the following is not prohibited of organizations receiving tax exempt status under IRS Section 501(c)3?
A. Earning a profit (increase in net assets). | ||
B. Endorsing political candidates or attempting to influence legislation. | ||
C. Distributing earnings to the benefit of members or officers. | ||
D. None of the above. All of these are prohibited of Tax Exempt organizations. |
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