QUESTION
If I am creating a non-profit organization, but completely funding it with my own money, do I have to file tax exemption?
Asked on Jul 23rd, 2013 on Taxation - Colorado
More details to this question:
My organization will be working internationally, and not in one state alone.
2 ANSWERS
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You will have to file the proper papers to get a tax exemption. The tax exemption comes from the government, either local or federal.
Answered on Jul 29th, 2013 at 7:27 PM
You will need to visit with an attorney specializing with non-profit organizations. There is a difference between a non-profit and a tax qualified charitable organization.
Answered on Jul 24th, 2013 at 12:24 AM