In: Accounting
Political lobbying is one example of an activity a 501(c)(3) not-for-profit organization could get involved in that may result in monetary fines or a loss of tax-exempt status if the IRS deems the activity excessive. Political activity is another example.
TRUE/FALSE
Political lobbying is one example of an activity a 501(c)(3) not-for-profit organization could get involved in that may result in monetary fines or a loss of tax-exempt status