Question

Which statement is part of the IRS’s regulations concerning nonprofit organizations?

Answer 1

Answer:

D is the correct answer

Explanation:

got it right.

Answer 2

Organizational taxes are calculated and paid like other corporations

Answer: Option B

Explanation:

Non profit organisations are the organisations where the employees do not work for earning any profits but for social work and for the betterment of the society which might include donations.

Even though the NPO does not have to pay any sales tax or any property tax. But these non profit organisations have to pay employee taxes like for social security like any other organisation.