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Nonprofit

How to Start a Nonprofit

November 1, 2020 by Benchamin Nicol

As the name implies, a 501c3 nonprofit has a limited tax-deductibility and therefore an expense allowance for expenses incurred. However, it is vital to maintain records of your finances so that you will know if the grant money is used in accordance with the grantor’s purpose. If not, you will be required to repay the … [Read more…]

Posted in: Business Tagged: Nonprofit
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