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September 04, 2024

Non-profit and Excess Benefit Transactions

Non-profit and Excess Benefit Transactions
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When a nonprofit isn’t strategic, it can face hefty penalties, and even risk losing its tax-exempt status. Excess benefit transactions and private inurement – where a nonprofit’s net earnings privately benefit an individual – is a real red flag for the IRS!

Click here to read more>> https://rothcocpa.com/trend/excess-benefit-transactions-and-how-they-can-undermine-your-nonprofit/