How do i start an irc 508 (trust), what forms do I use . . . - JustAnswer IRC 508 sets forth special rules with respect to IRC 501(c)(3) charitable non-profit organizations By saying you are going to start an IRC 508 trust, I assume you mean that you will have an IRC 501(c)(3) organization that is taxed as a private foundation
I am researching IRC 508(c)1(a) and you mentioned that churches are . . . Okay, thank you Does IRC 508(c)1(a) automatically gives churches more freedom to do what they want and they are not bound by the requirements and restrictions of 501(c)3? I believe they still are bound by the requirements and restrictions such as political action and inurement
I am looking to down load a copy of the 508. c tax code . . . - JustAnswer IRC 508 contains several rules regarding private foundations, in addition to the exemption application requirement under IRC 508(a) for all 501(c)(3) organizations: IRC 508(b) presumes that a 501(c)(3) organization is a private foundation unless it notifies the Service to the contrary IRC 508(e) requires the governing instrument of a private
They were asking about a 508 (c) (1) (a) and the references given were . . . Section 508 of the Code requires any organization created after October 9, 1969 that seeks 501(c)(3) charitable exemption to notify the Internal Revenue Service and apply to obtain an official recognition, but exempts from the filing requirement those organizations described in Section 508(c)
Are you aware of anyone who has had an issue with claiming gifts to 508 . . . IRC 508 contains several rules regarding private foundations, in addition to the exemption application requirement under IRC 508(a) for all 501(c)(3) organizations: IRC 508(b) presumes that a 501(c)(3) organization is a private foundation unless it notifies the Service to the contrary IRC 508(e) requires the governing instrument of a private
Why Would a Compliance Officer Call Me? - JustAnswer Customer: Hi, I have been receiving phone calls lately from people claiming to be compliance officers They say there will be an Order of Location out for me if I don't call this 855 number to make a payment on my debt