Understanding Taxes in the Non-Profit World
Running a non-profit means pouring your heart into serving your community but taxes can still feel like a confusing maze. Even though many non-profits are exempt from federal income tax, we still have responsibilities like filing annual forms, keeping clean records, and making sure donors get the right receipts. Staying compliant isn’t just about paperwork it helps build trust and keeps our mission moving forward. What’s one tax-related question you’ve always wondered about?