alexa What Do Not-For-Profit Corporations Need To Do, In Order To Maintain Their Tax-Exempt Status?

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What Do Not-For-Profit Corporations Need To Do, In Order To Maintain Their Tax-Exempt Status?

This paper will discuss the process that not-for-profit (NFP) organizations must undergo to qualify for tax-exempt status. It will begin by discussing the steps that must be followed in order for not-for-profit organizations to receive tax-exempt status, as well as what they must do in order to maintain that status.

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