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 it 203 C 2019

It 203 C 2019-2025 Form

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Instructions and help about It 203 C

- Hi guys, my name's Toby Mathis. I'm one of the founders of Anderson Law Group and today we're going to be talking about how to use a nonprofit for maximizing everything from tax savings to asset protection. It's kind of weird that we're going to be talking about using a nonprofit until you understand what it is they actually are. A lot of us are used to hearing the term 501(c)(3) and that's because that's the section of the code, 26 U.S.C. is the internal revenue code. So it's 26 U.S.C. 501, that covers exempt organizations and C3 just happens to mean the types of organizations where you get a deduction, a charitable deduction for giving it. So this is going to be religious, education, and charitable organizations that are doing things to help society. The easiest way to conceptualize this is if the government could be doing it, but I'm doing it, then chances are it's going to be something that I could ru

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