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Nonprofits FAQs
Can I still be a nonprofit if I don't apply for tax exempt status?Yes, you are a nonprofit corporation once you are filed with the state. However, your corporation will still be liable for federal (and maybe state) income taxes. Donations made to your nonprofit will not be tax deductible without tax exempt status. Further, it may also be difficult to obtain grants if you are not a 501(c)(3) organization. To learn more and speak with a representative, please call us at (888) 381-8758.
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