Tax season often brings anxiety to nonprofit leaders because even small mistakes can have significant consequences. Many organizations face hurdles such as missing deadlines or choosing the wrong tax form. The same goes for submitting inaccurate information, overlooking state filing obligations. Not seeking expert help makes things worse, as well. This is why we wrote … Read more
Embarking on the journey of forming a nonprofit is an exciting prospect—one filled with aspirations to bring positive change to your community or champion a cause that matters deeply to you. Yet, amid the inspiration and passion, there’s a more technical side to the process: securing 501(c)(3) status. This special tax-exempt designation from the Internal … Read more
Want your nonprofit to be exempt from paying taxes? This guide will show you how to do that. Starting a nonprofit involves navigating the legal and financial aspects that can be daunting, especially when it comes to applying for tax-exempt status in the USA. That’s why at BrightLeaf Consulting, we manage the entire nonprofit startup … Read more
Did you know that you can make your nonprofit exempt from paying taxes? All you have to do is register it with the Internal Revenue Service (IRS). This guide can show you how. When starting a nonprofit organization, one of the most critical steps is obtaining tax-exempt status from the IRS in the United States. … Read more
