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What is a Non Profit Corporation?

Main purpose to form a Non Profit corporation is helping people not making profit.
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Joan M Loomis   wrote on : Sat Feb 13th,2010   Back to Article

Does a golf league that collects dues each year, but has several thousand dollars balance every year need to file as a non-profit organization. And is there a maximum balance that can be carried over, unused, without filing as a NPO?

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Dear  Joan M Loomis:

Thanks for choosing InfoTaxSquare.com for your business needs. Our job is limited to registration. Please contact either to your accountant or attorney for legal advice.

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