by Seton_Tethos | Dec 12, 2012 | Uncategorized
Charities have so much to be careful. If I asked who owns the assets of the charity, you might say “Noone”! and you would be right! That being said, since there is no ownership of assets, the directors of a charity are the custodians of a charity assets...
by Seton_Tethos | Dec 12, 2012 | Uncategorized
The issue of US Charities supporting activities that further the charitable purposes of the US Charity is quite a complex topic and one that must be carefully tread to not violate the many rules and regulations in this area. Suffice is to say, that while this blog...
by Seton_Tethos | Dec 12, 2012 | Uncategorized
In Revenue Ruling 72,560, the IRS justifies the lawfulness of charities “selling recycled” materials which led to partial funding for the Charity in question. You might say to yourself, “I thought the IRS taxed business activities! Didn’t they...