Use the Internet to research one tax exempt entity
Week 6 eActivity Use the Internet to research one (1) tax exempt entity. Be prepared to discuss
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“Exempt Organization” Please respond to the following:
- Analyze the major requirements for an entity to qualify as exempt. Explain the manner in which these requirements help support the entity and its goals.
- From the e-Activity, describe the details of the example that you researched, examining the key reasons why this organization qualifies as tax exempt. Provide support for your findings.
Read the article “15 policies for sound not-for-profit governance” by Ken Tysiac (2013) and identify one policy that you strongly agree with on the list. Discuss the advantages of the policy and identify at least one problem that can occur if the identified policy is not a part of the policies of a not-for- profit.
“15 policies for sound not-for-profit governance” by Ken Tysiac (2013
http://www.journalofaccountancy.com/News/20138217
Please include your thoughts on the NFL as a tax exempt entity.
NFL to End Tax-Exempt Status By Jonathan Clegg April 28, 2015
Move is aimed at eliminating a ‘distraction’ for $10 billion-a-year league
http://www.wsj.com/articles/nfl-to-end-tax-exempt-status-1430241845
