Passionate About Politics? Don’t Allow it to Affect Your Organization’s Tax Exempt Status under 501(c)(3)

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By Kim Hunwardsen 

The political season is in its final months, and we all have our opinions. Important issues like the fate of the Affordable Care Act and the impact of tax reform on charitable contributions have us talking.

But organizations exempt under 501(c)(3) and their leaders need to be careful about what they say — and do — politically. These types of nonprofit organizations are prohibited from engaging a substantial part of their activities in lobbying and from engaging in any direct intervention in elections for public office. Failure to follow these rules could result in loss of tax exemption. Certain other types of nonprofit organizations like those exempt as trade associations under 501(c)(6) are not subject to these same types of limitations.  For more information read the full article here.

 

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