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Regulatory Pitfalls Most Nonprofits Don’t Know

  Regulatory Pitfalls of which Most Nonprofits are Unaware There are numerous regulatory pitfalls concerning sales and use tax, of which your nonprofit may be unaware. Here are just a few: Raffle tickets are not tax deductible. If nonprofits don’t withhold taxes on prizes, they are required to pay the taxes themselves. The cost of […]

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Posted in Sales Tax, State Filings, Tax-exempt, Use Tax Tagged advertising, contributions, donations, membership, nonprofit, prizes, raffles, sales tax, special events, state filing, tax exempt, use tax, volunteers 4 Comments

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