What is an IRC Sec. 527 organization? Are these organizations tax-exempt? What filing requirements have been imposed
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (10 reviews)
IRC Sec 527 includes such organizations as political action commi...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-0078110931
16th Edition
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
Question Posted:
Students also viewed these Accounting questions
-
Consider the laws that have been imposed on individuals and businesses to control pollution and reduce waste. Is this a reasonable demand? Consider how these policies might affect Canadians who move...
-
Discuss the limitations that have been imposed on the general business tax credit, including the following: a. Overall ceiling limitation based on the tax liability b. Priority of general business...
-
What requirements are imposed on an employer by the Family and Medical Leave Act?
-
Explain why the coffee shop manager should measure elasticity using the mid-point method in his calculations.
-
Consider the following experiment: A coin will be tossed twice. If both tosses show heads, the experiment will stop. If one head is obtained in the two tosses, the coin will be tossed one more time,...
-
Stan sold goods to Bill in good faith, believing him to be a principal. Bill in fact was acting as agent for Nancy and was within the scope of his authority. The goods were charged to Bill, and on...
-
Dutch elm disease is spread by bark beetles that breed in the diseased wood. A sample of 100 infected elms was obtained, and the number of bark beetles on each tree was counted. The data are...
-
A companys 6% coupon rate, semiannual payment, $1,000 par value bond that matures in 30 years sells at a price of $515.16. The companys federal-plus-state tax rate is 40%. What is the firms after-tax...
-
5. How should non-current financial liabilities be recorded initially? A. At face value. B. At fair value. C. At fair value less transaction costs. D. At face value less transaction costs.
-
The cable supports the loading shown. Determine the distance xB the force at point B acts from A. Given: P = 40 lb F = 30 lb a = 5 ft b = 8 ft c = 2 ft d = 3 ft e = 3 f = 4 |
-
A new board member of a charitable not-for-profit organization is concerned that the NFP has jeopardized its tax-exempt status by engaging in lobbying activity to influence legislation. Explain for...
-
Go to the Web site for the American Institute of Certified Public Accountants (AICPA) (www.aicpa.org). Information relevant to the following questions can be located under the tab that provides...
-
In Exercises 49 through 52, the graph of a derivative function y = f'(x) is given. Describe the function f (x), and sketch a possible graph of y = f (x). -3 + 1 y = f'(x) 5 -X
-
Find a source that shows a misrepresentation of African Americans in mass media. Post it to the Discussion board. How do you feel about the way African Americans have been represented? Did you find...
-
Other than enrolling in a College programme, what are some other areas of your life in which you have reached self actualisation? This could take a number of different forms: -A struggle you have...
-
how to use Wireshark to get the ip address of a website? for example I would like to get the IP address of facebook.
-
Write a Java program in which the recursive version of the selection sorting method with the following signature public static void r selectionSort(int[] array, int s, int t) should be defined. That...
-
What can you take away from watching her professional speech as well as those from the TEDTalks you have viewed in past weeks?
-
A rectangular box without a lid is to be made from 12 m 3 of cardboard. Find the maximum volume of such a box.
-
How much more interest will be earned if $5000 is invested for 6 years at 7% compounded continuously, instead of at 7% compounded quarterly?
-
Al tells Marge an offensive joke, but when Marge says Al, I dont appreciate your nasty jokes, Al responds, Im sorry, Marge, youre right, I shouldnt have told that one at work.
-
A table saw costs $175 at a local store. You may either pay cash for it or pay $35 now and $12.64 a month for 12 months beginning 30 days hence. If you choose the time payment plan, what nominal...
-
An investment of $5000 in Biotech common stock proved to be very profitable. At the end of 3 years the stock was sold for $25,000. What was the rate of return on the investment?
-
The Southern Guru Copper Company operates a large mine in a South American country. A National Assembly said in a speech that most of the capital for the mining operation was provided by loans from...
-
3. An investment requires an equity contribution of $1,600,000. The before-tax cash flow in the first year is $128,000 and the after-tax cash flow is $105,000, what is the equity dividend rate in the...
-
Explain the purpose of statement of changes in equity. Also discuss the presentation format of the same statement.
-
Eric owns an irregularly shaped lot in a residential neighborhood. The yard and setback requirements outlined in local zoning laws will not allow you to build a home on the lot. How can a variation...
Study smarter with the SolutionInn App