Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must ...

"Tax-exempt status" means that an organization does not have to pay state or federal income taxes. Once an organization earns tax-exempt status, it typically has annual filing requirements with the ...

Workers often assume that their workplace privileges stem from legal requirements that govern how employers regulate their hours and pay. However, work breaks don't stem from the same U.S. laws that ...

Pay thresholds for exempt, salaried workers will increase on July 1 and January 1. Employers can take steps now to ensure compliance. Some state laws supersede the new rules or present additional ...

What does it mean to be tax-exempt? Tax-exempt means not being required to pay taxes on certain types of income. Find out what type of income is included.

The Internal Revenue Service (IRS) has denied a marijuana-focused tourism organization’s request for nonprofit tax-exempt status, citing the ongoing federal criminalization of cannabis and saying that ...

Carolyn A. Schenck of Caplin & Drysdale discusses reports of a shift in how the IRS handles tax-exempt organizations, zeroing in on criminal investigations into left-leaning exempt organizations, and ...

Employees are classified as either exempt or non-exempt depending on their salary and the type of work or duties they perform. The Fair Labor Standards Act (FLSA) requires that non-exempt employees ...

Buying a good or service for a Northwestern University unit Receiving a request from a vendor for the Illinois Tax-Exempt Certificate Receiving a request for a tax-exempt certificate When making a ...