Qualifying as a Nonprofit Tax-Exempt Organization: A Guide for Attorneys, Accountants, and Executive Management

This work offers a detailed discussion of the distinctions between different types of tax-exempt and nonprofit organizations. Sughrue and Kopnski thoroughly review the unique characteristics of each type of organization under IRC Sections 501(c), 521, 527, and 528, and provide organizational tests for 501(c)(3) organizations. Accounting systems for tax-exempt institutions, internal controls, and reporting requirements are also covered, along with such topics as unrelated business taxable income, private foundations, and financial considerations and practical applications.