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Daily Archives: May 4, 2009
Public Charity vs. Private Foundation
Many people are anxious to create a nonprofit organization in order to help their community and the overall general public. But, knowing how to help people, and knowing how to create a nonprofit organization in order to help people, are … Continue reading
Posted in Nonprofits
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What time limits does the IRS have?
There are three main time limits, or statute of limitations, that the IRS must follow in order to legally administer and collect a tax. The three main statute of limitations are the on assessment, collection, and credits and refunds. The … Continue reading
Posted in Taxation
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