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to Be Eligible for Non Profit Rates, Please Supply 2014-2025

2014-2025 Form

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hey guys Toby math is here and question we get is what are the tax benefits from a non-profit so let's just break it down into its components number one if you actually run a non-profit because you never own a non-profit you're not a shareholder and a non-profit you are the one who controls the non-profit for the public benefit if that's you you get regular business expenses you can even get a salary if you're giving money to the non-profit then it really breaks down two categories if I do cash I'm going to get 60 percent of deduction against my adjusted gross income so in the year that I do that gift and I can carry forward for five years if I give appreciated assets it's limited to 30 percent that's assuming this is a public charity doing public good there are some different rules if it's a private Foundation it's not doing anything other than basically storing your money and giving it away to other Charities but

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