| View Question |
|
|
 | ||
|
| Subject:
Non Profit Organizations Credit Counseling
Category: Business and Money Asked by: fastlex-ga List Price: $10.00 |
Posted:
14 Oct 2004 17:37 PDT
Expires: 13 Nov 2004 16:37 PST Question ID: 415055 |
why are credit counseling services non-profit organizations? Are there federal or state laws which prohibit a standard corporation from lending advise regarding a consuer's credit? |
| ||
|
| Subject:
Re: Non Profit Organizations Credit Counseling
Answered By: skermit-ga on 14 Oct 2004 18:14 PDT Rated:  |
I've found two great articles by the IRS which reference the laws pertinent, and detail the steps needed for an organization to achieve 501(c)(3) status. Please read sections IV and V for the Federal and State laws. The second link should be able to answer all the questions you have on credit counseling non profit organizations. IRS Takes Steps to Ensure Credit Counseling Organizations Comply With Requirements for Tax-Exempt Status: http://www.irs.gov/newsroom/article/0,,id=114575,00.html "In January 2003, EO published a 50-page Continuing Professional Education article that reviewed the law in this area and provided tools for reviewing applications by new organizations." http://www.irs.gov/pub/irs-tege/eotopica04.pdf If you need Adobe Acrobat to read the article, please download it here: http://www.adobe.com/products/acrobat/readstep2.html Thank you for your question. skermit-ga |
fastlex-ga
rated this answer:
Great articles. Thank you! |
| ||
|
| Subject:
Re: Non Profit Organizations Credit Counseling
From: cheaplaptopsnut-ga on 20 Oct 2004 21:11 PDT |
More information is available at http://www.bad-credit-advisor.com/non-profit-credit-counseling.html |
If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you. |
| Search Google Answers for |
| Google Home - Answers FAQ - Terms of Service - Privacy Policy |