Chandra tax services is a one stop destination to find solutions for all your tax-related issues. The new changes in the tax system can surprise you at the end of the year and it is hence important to keep yourself updated with the growing trend.
As per the state law, there are two types of corporation. One is non-profit and the other is the profit organizations. The Non-profit organizations are meant for the profit of the general public. It includes charity, education, research for the benefit of the nation or a community or group, sports etc.
The Non-profit organizations also have to file tax returns with some exceptions. Donations, political spending under some developmental work comes under the purview of the federal code. Understand the entire tax related scenario in the simplest form with our guidance.