Ask an Advisor Answers

Question: What are the basic requirements and obligations when starting a Non-Profit?
How do I avoid tax penalties and issues?
Answer: Thank you for writing to us at the Community Tool Box, and please excuse our delay in getting back to you. You will find more detailed information on this topic in our Tool Box Chapter 43, Section 4, “Understanding Nonprofit Status and Tax Exemption.” All best wishes for continued success in your work.
Question Date: Fri, 12/13/2013