Bookkeeping

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Annual Recurring Revenue ARR in 2025

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Charities and nonprofits Internal Revenue Service

Each comes with its own rules, especially when it comes to political activity and how donations are treated. For example, only 501(c)(3) organizations can offer tax deductions to donors—which is why it’s the go-to choice for charities. In adjusting entries order to obtain 501(c)(3) status, the company or organization needs to complete and file Form …

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