Social welfare organization must provide a notification to the IRS of their intent to operate. This notification requirement is found in new Section 506, which was added to Internal Revenue Code by the Protecting Americans from Tax Hikes Act of 2015 (the “PATH Act”) which was enacted on December 18, 2015. Under the PATH Act: […]
Entries Tagged as 'Section 506'
Extended Due Date for Notification by Social Welfare Organizations of Intent to Operate
January 20th, 2016 · Comments Off on Extended Due Date for Notification by Social Welfare Organizations of Intent to Operate · Federal Income Taxes, Uncategorized
Tags:Exempt organizations·Notification Requirement·Section 506·tax-exempt status