How Does Limited Liability Affect a Nonprofit
ASU Lodestar Center
NOVEMBER 6, 2013
Only Two Things In Life Are Certain: Death & Taxes (Well, Maybe Not). Interested in learning more about financing an NPO? In particular, a corporation generally: Must file an annual report. While LLC laws vary from state to state, an LLC generally: Doesn’t need to file an annual report. 26 USC § 501(c)(3).
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