How to Prepare IRS Form 990-PF for a Private Nonoperating Foundation
Form 990-PF is filed by private operating and nonoperating foundations. This example covers how to file for a nonoperating foundation in 2022.
How to File IRS Form 8283 for Contributions of Publicly Traded Stock to a Private Foundation
IRS Form 8283 is included with a taxpayer's Form 1040 to report noncash charitable donations to a charity. In this example, we cover the donation of publicly traded stock to a private foundation.
What’s the Difference Between a 501(c)(3) Organization and a “C” Corporation
A Section 501(c)(3) charitable organization is a tax-exempt entity for U.S. federal tax purposes. Most charities are organization as corporate entities but are not subject to corporate income taxes.