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GAO 06 799 Tax Exempt Organizations  Form

GAO 06 799 Tax Exempt Organizations Form

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welcome to county office your complete guide to local government services and public records let's start learning what is a tax-exempt organization a tax-exempt organization is a non-profit organization that is exempt from paying federal income tax this status is granted by the IRS to qualify organizations must meet certain criteria such as being organized and operated exclusively for charitable religious scientific or educational purposes tax-exempt organizations are required to file annual reports with the IRS and their finances are subject to public scrutiny they may also be eligible for other tax benefits such as exemption from state and local sales tax overall tax-exempt organizations play an important role in our society by providing essential services and support to communities in need to learn more check out these links which you can click in the description below and feel free to comment your questions we're here to help thanks for watching our video be sure to like subscribe

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